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Plan Design Matters
- June 29, 2020
- Posted by: Jeff Atwell
- Category: Economics, Financial Plan, Resources
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As plan sponsors begin to evaluate their plans and the impact that the COVID pandemic has had on their retirement plan, the importance of plan design becomes clear. As the country emerges from the COVID pandemic, the time could not be better to prove the private retirement system provides a much better resource for participants to reach their retirement goals. Discussing with plan sponsors and implementing the 3 topics discussed in the DCIIA article will go a long way towards proving the private retirement system is better than any state or federally run private sector retirement plan.
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Automatic Enrollment: the Power of Default
- October 22, 2019
- Posted by: Jeff Atwell
- Category: Financial Plan, Resources
As we near the end of 2019, the time is right for plan sponsors to review the feasibility, advantages, and disadvantages of adding automatic enrollment features. Many participants want to save for retirement, but they do not want to go through the process of making the necessary decisions to enroll in their employer sponsored plan. Automatic enrollment could be the answer.