With the cost of living increasing nearly 25% since December 2020 (1), many Americans are struggling to get by. And when Americans struggle to afford basic living essentials, saving money can become extremely difficult. In fact, just 47% of Americans report that they’ve saved enough cash to cover a $1,000 emergency expense, according to a Bankrate survey (2). Must Read Meanwhile, new research from Vanguard shows that very few employers are combining their 401(k) plans with new emergency savings options ...