In case you missed the webinar, Promoting Plan Success, you can still catch-up on tips presented by Joe Trybula, Vice President of Advisory Services at Diversified Financial Advisors. Read Joe's follow-up from the webinar below.
Today, many employees are unprepared for retirement. Some workers don’t know how to calculate their future financial needs and they lack the financial literacy to effectively manage their assets. Others are not motivated to save for long-term goals like retirement. Over time, these factors are causing countless workers to delay or postpone retirement indefinitely, which in turn is significantly impacting business costs for retirement plan providers.
The plan design decisions you make, as a plan sponsor, have a major impact on the success of your plan and your business. Data analysis of your employee base is the first step in determining the smart and assertive plan design features that will help drive participant engagement, improving employee retirement readiness, provide the most value to your plan, and benefit your business.
The informative webinar discussed:
- Drive participant engagement
- Promote participant retirement income adequacy
- Help more employees work toward a successful retirement
- Strengthen your business
Reviewed how to help your employees with these best practices:
- Save Now & Save More
- Invest Properly
- Increase their Financial Literacy
If you would like to discuss how to promote plan success with your company's retirement plan, please contact me at email@example.com or 800-307-0376.