Top of Mind


Showing entries with the topic “Retirement Readiness”.

Show all >


02

Nov 2017

Confessions of a Non-Saver

At the risk of offending some of my audience, I have a bit of a secret to reveal: I am a non-saver by nature. Yes, you read that correctly - I am a non-saver. I know what you’re saying: “He works in the Retirement Plan Industry! How in the world is he not a saver? Is he just not very bright?” …

Read more

26

Oct 2017

Failure to Log In: The Dirty Little Secret of Many Retirement Plans

Recently, I received study results from a recordkeeper that tested some of their retirement plan communication initiatives on their own employees. Now, employees who work at a retirement plan recordkeeper are presumably more engaged than your average retirement plan participant. However, when this r…

Read more

19

Oct 2017

The Retirement Fun House: The Battle to Engage Participants

In light of the fact that this week is National Retirement Security Week, I thought it would be interesting to take a look at what recordkeepers are doing on the front lines to motivate retirement plan participants to save, invest wisely, and otherwise ensure that their retirement is, well, secure.&…

Read more

12

Oct 2017

Top of Mind: Trends that Matter

In our most recent edition of Trends that Matter, we discussed fee litigation and fee levelization as two of the hot issues for retirement plan sponsors.  While those trends remain current, others have emerged that should be Top of Mind for plan sponsors: There has been a marked shift aw…

Read more

03

Aug 2017

The 403(b) Monk and What We Can Learn from Him

I recently Tweeted about a fascinating New York Times article on Doug Lynam, a Benedictine monk who left the monastery to become—wait for it—a 403(b) advisor!  And others apparently share my fascination with this story, as this has become my most popular Tweet in my brief Twitter ca…

Read more

26

Jul 2017

Catching Up with OregonSaves

Back in March, I wrote about OregonSaves, the first state-run auto-IRA program in the nation, which at the time was scheduled to be rolled out in pilot form on July 1, 2017. The pilot program was implemented right on schedule, and Jeff Snyder recently caught up with Lisa Massena, Executive Direct…

Read more

06

Jul 2017

The Importance of Retirement Investing Over Saving for Older Employees

You‘ve heard the same message from many people, including myself:  due to the time-value of money, the earlier you start saving for retirement, the better off you will be when you retire.  When building retirement wealth, the critical factor is the age at which you commence retirement savi…

Read more

08

Jun 2017

Learning from PLANSONSOR's Plan Sponsor of the Year Finalists

Two of our clients, the University of Massachusetts and the Oklahoma State University and A&M System, were selected by PLANSPONSOR as 2017 Plan Sponsor of the Year finalists.  My colleague, Jeff Snyder, had the opportunity to discuss the initiatives that made them worthy of recognitio…

Read more

11

May 2017

Which Sounds Better: Retirement or Financial Independence?

This week, in my review of content that might be of interest to Top of Mind readers, I stumbled upon a Tweet from Dan Otter of 403(b)wise (actually a retweet from Scott Dauenhauer) that discusses the wonderful-sounding concept of financial independence. After all, who wants to be financially depende…

Read more

04

May 2017

Participant Engagement: Learning to Crawl Before You Can Walk

My colleagues, Sandy Lucev and Alison Kellner, recently wrote about some of the groundbreaking work our firm is conducting in the area of integrating retirement and financial wellness with overall employee wellness campaigns. Preliminary results from this innovative campaign have been promising and …

Read more