Industry Experts Discuss the Challenges Women Face in Achieving Financial Security

Women face unique challenges in achieving lifelong well-being and financial security. The COVID-19 pandemic has worsened the problem. Find out why and, more importantly, explore solutions to overcome the challenges during a special virtual discussion with industry experts, presented by the Wisconsin Department of Employee Trust Funds, June 24 from 12 p.m. to 1 p.m. CST.

Kathy Blumenfeld, secretary of the Wisconsin Department of Financial Institutionsis set to moderate Strong Wisconsin Women: Unique Challenges to Achieving Financial Security. The panelists are:

Topics include women’s pay inequality, caregiving, access to social security benefits, survivor retirement income, and other factors that impact a financially secure retirement. Additionally, panelists will recommend actions women can take to navigate and mitigate challenges at every stage of their financial journey.

The event is free.

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“When I talk to women about their money, I encourage them to see it as a way to achieve their personal vision of success. With thoughtful planning, you can gain the financial freedom to pursue your dreams, bring stability to your life and the lives of your loved ones, manage the inevitable obstacles life throws your way, and contribute to the causes you care about. heart,” said DFI Secretary Blumenfeld.

“The Strong Women of Wisconsin Financial Wellness Education Series is part of our ongoing efforts to increase awareness and empower members of the Wisconsin retirement system to achieve financial wellness and security. at any age,” said ETF Secretary John Voelker.

Wisconsin Strong Women: The Wisconsin Strong Women financial wellness education series is part of the ETF’s Wisconsin Strong: Your Financial Security™ program. Wisconsin Strong is designed to enable members of the Wisconsin Retirement System to maximize their WRS benefits, save for the future, and achieve financial well-being at any age. You can find free financial wellness training, resources and tools at etf.wi.gov/wi-strong. follow us on #WIStrongSecurity.

About the presenters:

Kathy Blumenfeld
Kathy Blumenfeld is secretary of the Wisconsin Department of Financial Institutions. Secretary Blumenfeld is an executive with extensive experience in the business and financial services industries and has among her top priorities at DFI protecting consumers from financial fraud and building financial literacy and capability at all stages of the business. life. Prior to her appointment as Secretary in 2019, she served as Executive Vice President of Special Operations at TASC (Total Administrative Services Corporation) and Vice President of Loan and Payment Security at CUNA Mutual Group.
Lara Hinz
Lara Hinz is director of programs at the Women’s Institute for a Safe Retirement. WISER is a nonprofit organization dedicated to helping women, educators, and policymakers understand important issues related to women’s retirement income. Ms. Hinz oversees WISER’s national outreach and partnership activities aimed at providing low-to-moderate income women with the financial tools and information needed to develop long-term financial security. Prior to WISER, Ms. Hinz worked at the Institute for Women’s Policy Research, where she focused primarily on the economic issues of older women.
Dr. Joelle Saad-Lessler
Dr. Joelle Saad-Lessler is Associate Dean of Undergraduate Studies and Associate Professor of Industry at the Stevens Institute of Technology School of Business. Dr. Saad-Lessler is co-author of Still in the short term: update on preparing women for retirementa report for the National Institute on Retirement Security. His research ranges from the economics of immigration to local labor markets and the American retirement savings system. Dr. Saad-Lessler has published extensively on the savings shortfalls of American workers.
Amy Crowe
Amy Crowe is a personal finance expert with 20 years of experience in financial education. Ms. Crowe currently specializes in financial services marketing at Summit Credit Union and runs its award-winning community financial education programs, Project Money and Project Teen Money. She is passionate about illuminating the connection between mindset and financial behavior, and empowering others to make game-changing changes that drive financial transformation. Ms. Crowe’s ideas and advice have been featured widely in the media, at conferences and on the show stages.

Context: The ETF and DFI received a one-year grant, funded by the Wells Fargo Foundation, to establish the Wisconsin Strong Financial Wellness Program for state and local government employees, retirees and their families. The grant is structured as a collaboration between the State and Local Government Center of Excellencethe International Association of Public Management for Human Resourcesthe Founding of the National Association of State Treasurersand Wells Fargo.

Media contacts: ETFSMBCommunications@etf.wi.gov.

Sarah J. Greer