Loan & Distribution Specialist AimPoint Pension
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Compass
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Regional Vice President of Sales The Retirement Plan Company
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Bates & Company, Inc.
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AimPoint Pension
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Middle-Class Retirement 'Under Siege'
ThinkAdvisor May 6, 2014
"The Obama administration has recognized its need to 'buttress' the middle class to protect their retirement and is making efforts to incentivize savings and improve returns ... Some strategies like automatic enrollment are already in place, but while utilization is growing, deferral rates are holding tight around 3%. Furthermore, those policies are usually used for new hires. Sponsors should examine adopting re-enrollment and reallocation strategies to include older employees who have old election rates[.]"
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