We Can Help You Prepare
While no one can predict the financial markets, there are actions that can be taken to insulate your retirement plan. Being prepared in the face of global uncertainty will solidify a secure retirement plan.
Simply saving more is not the solution. Plan participants need to understand how their savings choices affect their long-term savings goals. Our website has several retirement calculators and a comprehensive projection tool that will help your employees better visualize their retirement outcomes.
Plan sponsors should encourage participants to increase their current savings rate and opt in to auto-escalation. Adding an auto-enrollment feature; re-evaluating the plan’s current match and other contributions; and updating communication materials to better reflect different career stages can positively impact participation levels.