Appearing in CNBC on February 27, 2026, Cheryl Minokur Monk talks to Lauren Saunders, associate director and director of federal advocacy at NCLC, about how an employee benefit known as earned wage access has become even more popular than 401(k) plan participation at some companies.
“We don’t oppose completely free earned wage advances and believe that employers and payroll providers can easily offer the service for free, as some do,” Saunders said. But “making it easy to spend next week’s pay on this week’s expenses can make it difficult for people to manage their finances and pay large monthly bills like rent.”
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