Part Three: How Can Plan Sponsors Support Employees with Their Retirement Needs?

The latest Retirement Confidence Survey from the Employee Benefits Research Institute1 confirms that American workers today are not very confident about their retirement readiness. Employees want financial planning support. The ABA Retirement Funds Program (the "Program”) has rolled out new Personal Financial Advisor services that give employees access to the professional and personal help they need to become more confident...

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Part Two: How Can You Support Your Employees with Their Retirement Needs?

Full retirement, as defined by the Social Security Administration, has a clear beginning that ranges from age 65 for those born in 1937 and earlier, to age 67 for those born in 1960 and later*. What full retirement does not have is a clearly defined end point. As a Plan Administrator, here are ways that you can stress to...

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Part One: How Can You Support Your Employees With Their Retirement Needs?

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...

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