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Jane White Comment Letter to DOL on Proposals for Lifetime Income Illustrations in Pension Benefit Statements (PDF)

"The communication must take into account assets in participants' rollover accounts and at previous employers, not just the balance at the current employer.... The projected income stream should be based on the assumption of a long lifespan and modest investment returns; otherwise the projections could be overly optimistic.... [T]he projection should deduct estimated taxes that will be owed when people take distributions.... [T]he vast majority of participants would benefit from software that not only takes the 'big picture' of all of their retirement savings but advises them on how much to save to achieve retirement security based on their current savings and how many years until they are scheduled to retire."

Free 401(k) Education Seminars for Small Businesses Offered by the Retirement Solutions Foundation

Excerpt: Are you a small business with a 401(k) plan that some of your employees aren't taking advantage of? Retirement Solutions Foundation, a non-profit organization whose mission is to boost retirement savings, has received a grant for small business 401k education that involves offering free educational seminars, focus groups and follow-up to employees of small businesses. Any questions, please email Retirement Solutions president Jane White at smallbusiness@retirement-solutions.org.