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There are many steps on the retirement journey and different employees may be in different places along the way. Here are some tools that you can use to help your employees begin thinking of their future no matter where they are in their journey.

Increasing Participation and Increasing Savings

You may have plan participants that are contributing to your plan, but could be contributing more. Also, maybe some of your employees have not joined your plan and would benefit from participating in your retirement plan. Consider using ABA Retirement Funds Program (Program) materials to help motivate your employees like:

Here are a couple tools for employees to help them find more information about the Program including how to enroll.

Investments


Retirement Evaluations:
The Program mailed personalized Retirement Evaluations to participants with more than $5 in their accounts. This campaign analyzes participants’ investments, current savings levels and their estimated retirement income based on information maintained by the Program.

Live Webcast: Plan members can learn more about the Program’s investment options by signing up for a live webcast to be held on Thursday, November 16th. Program representatives will offer a detailed review of the investment choices offered under the Program, and explain concepts such as risk and return. Four time slots are available (10:00 a.m., 12:00 p.m., 3:00 p.m. and 7:00 p.m. Eastern) and advance registration is required.

Something New is On the Way

To help individuals achieve long-term financial health, employees of the Program’s participating plan sponsors will soon have access to holistic personal financial planning and advisory services. Financial Advisor Representatives will be available for one-on-one phone consultations to provide guidance about an individual’s current financial situation and to help establish a personalized plan of action. Some services will be offered at no additional cost.

*The Enrollment Kit is required to be distributed to eligible employees along with your Summary Plan Description, the Annual Disclosure Document, and any other required notices.

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