Prudential partners with US Department of Veterans Affairs to support military community’s financial well-being
January 11 2021 - 8:00AM
Business Wire
Prudential Financial, Inc. (NYSE: PRU), is partnering with the
U.S. Department of Veterans Affairs (VA) to provide Veterans,
transitioning Servicemembers and their families with access to
financial wellness resources to improve their economic well-being
and financial stability at no cost.
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the full release here:
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Andy Sullivan, Executive Vice President
and Head of U.S. Businesses, Prudential (Photo: Business Wire)
The partnership agreement was signed on Nov. 25 and Prudential’s
financial wellness resources will be available to the military
community through Veterans Affairs beginning March 2021.
“We are excited to partner with Veterans Affairs to help
Veterans, transitioning Servicemembers and their families manage
their unique and often complex financial challenges,” said Andy
Sullivan, executive vice president and head of U.S. Businesses at
Prudential Financial. “Our financial wellness programs, tools and
solutions are helping people build financial resiliency and secure
their financial future through the workplace, and it’s important to
offer these same resources to those who have served our
country.”
As part of the partnership, Prudential will provide
transitioning Servicemembers, Veterans and their families access to
its financial wellness digital portal. The customized portal
includes a multitude of financial education resources, including a
financial wellness self-assessment, budgeting tool, and access to
student loan debt assistance. Prudential will also provide
in-person and virtual financial education seminars covering a broad
range of topics through its Pathways program. In addition,
transitioning Servicemembers, Veterans, and their families will
have access to a credit counseling and debt management session
available at no cost through Prudential’s partnership with
GreenPath.
The resources are designed to help individuals manage their
money more effectively, improve their financial resiliency, and
reach their financial goals.
“Now more than ever, our military families are looking to make
smart financial decisions that will positively impact their
future,” said Veterans Affairs Secretary Robert Wilkie. “Financial
wellness education tools and solutions are important to achieving
future success and this partnership will help us increase access
for and enhance services to Veterans and their families.”
Prudential’s collaboration with Veterans Affairs is just one of
several partnerships the financial services company has formed over
the past three years to support the financial well-being of the
military community.
In addition to providing financial wellness resources,
Prudential has also done extensive work creating and implementing
employment programs for transitioning Servicemembers, Veterans, and
military spouses.
About Prudential Financial
Prudential Financial, Inc. (NYSE: PRU), a financial wellness
leader and premier active global investment manager with more than
$1.5 trillion in assets under management as of Sept. 30, 2020, has
operations in the United States, Asia, Europe, and Latin America.
Prudential’s diverse and talented employees help to make lives
better by creating financial opportunity for more people.
Prudential’s iconic Rock symbol has stood for strength, stability,
expertise and innovation for more than a century. For more
information, please visit news.prudential.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20210111005150/en/
MEDIA CONTACTS: For Prudential: Monique Freeman
973-634-8325 monique.freeman@prudential.com Twitter:
@MoniqueR_PruPR For U.S. Department of Veterans Affairs:
Office of Public Affairs Media Relations 202-461-7600
VAPublicAffairs@va.gov
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