Latino Community Page

Woman in her home bends down to accept a kiss on the cheek from a young girl.

This page is designed for Plan Administrators to find educational tools, resources, and events to acknowledge Latino employees’ unique needs and help promote financial wellness.

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COMMUNITY OVERVIEW

Latino employees who are enrolled in workplace retirement plans exhibit the highest levels of financial confidence compared to peers¹

While participation in workplace retirement plans remains low for historically underserved communities, Fidelity research finds that Latinos who do make contributions exhibit the highest levels of financial confidence when compared with their peers. Additionally, more than 64% of Latino employees––the highest rate across all demographic groups––say they are motivated to save for the long term, a key driver for financial wellness.

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However, these high levels of motivation and financial confidence are not enough to ensure Latinos are prepared for their long-term needs. Many Latino households are largely focused on day-to-day financial priorities, such as:

Paying down debt
Building emergency savings
Saving for health care¹

With nearly one-third of Latinos living in multigenerational households², family finances can add a layer of complexity that can reduce additional contributions to long-term savings.

Through inclusive benefits offerings, employers can play a unique role in partnering with Latino employees to engage more in workplace benefits plans and help achieve future financial success.

Fidelity has compiled a list of tools and resources to provide employers with meaningful ways to help Latino employees reach their long-term goals.

Download participant-ready materials to drive engagement.

Spanish Language Toolkit

We’re highlighting resources that can help empower Latino employees on their journey to building wealth.

HELPFUL RESOURCES

Community Insight Modules (CIM)

Leverage insight-driven modules featuring suggested next steps to help your employees build financial wellness.

Thought Leadership

Use key insights from our research to align your benefits with the needs of your diverse workforce.

Helping employees save for emergencies

Fidelity Workplace Consulting

Fidelity can also work with employers to advance their diversity, equity, and inclusion efforts via Fidelity Workplace Consulting. Please note that this is a fee-for-service option, which is available from Fidelity's Workplace Consulting team.

Belonging Blueprint - Creating an employee experience that fosters belonging isn't just a nice thing to do. It also drives more progressive workspaces, builds employee resilience and engagement, and inspires better business performance.

Benefits Equity - How to align benefits programs with employee values and your DE&I strategy. *Please note this option is available as a fee-for-service with Fidelity’s Workplace Consulting team.