Vestwell has launched what it describes as the most accessible multilingual savings platform in the industry, now supporting 18 languages across its suite of workplace and personal savings portals.
The update, spanning its advisor, employer and saver interfaces, marks a major step in broadening financial access for underserved groups by eliminating language as a barrier to participation.
The initiative comes amid ongoing concerns about the lack of retirement readiness in the US. According to AARP, one in five adults over 50 have no retirement savings, and 61% are concerned they will not have enough to retire securely. This problem is compounded by the fact that nearly 68 million Americans speak a language other than English at home, yet many savings platforms still fail to offer multilingual support. Vestwell’s expanded platform aims to address this by offering an inclusive, mobile-first interface that reflects the diverse makeup of the modern workforce.
Through the new language support, business owners and HR leaders can now more effectively serve employees from all backgrounds. The platform particularly focuses on workers in industries often excluded from traditional savings schemes—such as agriculture, hospitality, and gig economy roles—allowing them to engage with retirement, education, disability, and emergency savings in their native language from the outset.
Vestwell CEO Aaron Schumm said, “Too often, language gets in the way of people taking the first step toward saving. This launch is about removing that friction—giving every saver a clearer, more comfortable path to engage, participate, and build financial security over time. It’s one more step toward a system that works for everyone, not just a few.”
The launch builds on Vestwell’s recent momentum. The company recently partnered with J.P. Morgan to offer a Solo 401(k) through its Everyday 401(k) programme, designed for gig workers and entrepreneurs. Another partnership with Wayne-Sanderson Farms aims to deliver retirement plans to agricultural workers.
Vestwell’s platform is now trusted by financial advisors, payroll providers, and government agencies alike, supporting nearly 1.5 million savers across more than 350,000 businesses nationwide.
Read the daily FinTech news
Copyright © 2025 FinTech Global
