PROTECTING BASIC NEEDS AND HUMAN DIGNITY

Every year, the majority of our program dollars support our Emergency Assistance and Elder Care Needs programs.  In 2016, these programs protected more than 732 of our colleagues whose basic needs and quality of life were at risk.  Whether they faced eviction or emergency surgery, a crumbling roof, or a car repair they couldn’t afford, employees and retirees who needed Emergency Assistance found relief and refuge in the Red Tab Foundation. We also continue to care for the retired workers who made LS&Co. the place it is today, ensuring their comfort and dignity by providing eyeglasses, hearing aids, dental work and handicap accommodations to their homes.  Through these programs, our LS&Co. family knows that someone will be watching out for them in their most difficult times.   

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EMPOWERING BETTER FUTURES

Our proactive programs – Red Tab Savers, Red Tab Scholars and our financial education efforts – help employees have the tools and resources they need to create a strong financial future. In an effort to help individuals protect themselves against future financial shocks, the Red Tab Savers program incentivizes consistent savings behaviors by providing a $1 for $1 match. With this program, a relatively short engagement not only equips participants with $500 of short-term emergency savings but also creates a savings habit and confidence that lasts far longer than the six-month program. We are also helping families increase their financial potential through our Red Tab Scholars program. By supporting dependents of our employees in their post-secondary studies, we are investing in their futures and helping them achieve their dreams. Finally, we help both financial strivers and those who are struggling create a solid and sustainable plan for financial security through our workshops and financial counseling services.  Through asset building, education and financial tools, we are helping employees on the path to financial security.