Financial Wellness and Retirement Planning Advice For Public Sector Participants

Financial Wellness and Retirement Planning Advice For Public Sector Participants

A Financial Wellness & Education Solution for Public Plans

Our Financial Wellness and Retirement Planning Advice solution offers public sector employees free asset class guidance & retirement planning support with the option to get one-time fund level advice on both plan and all outside pre-tax retirement accounts — including any spousal accounts. This provides government employees with a more comprehensive understanding of their retirement outlook so that they can make more informed decisions.

Go Beyond Traditional Education

This innovative financial advisory and wellness solution goes beyond traditional financial education by arming participants with advanced modeling that allows them to see how changes to their savings rate, investment allocation, and retirement age will change their expected retirement outcomes. This empowers participants to make more informed decisions and arrive at an actionable plan that addresses each core pillar of a secure retirement.

Our Financial Wellness and Retirement Planning Advice meshes our rigorous methodology with best practices from behavioral finance and a carefully-designed user interface to help motivate and incent action

Public sector participants ultimately feel more confident that they’re on the path to true financial wellness.

Key Benefits for Participants
Key Benefits of Your Plan
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Comprehensive income projections that account for outside assets (Defined Benefit, HSA, Spousal, IRA, Previous Employer 401(k), etc.)

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Savings rate/retirement age advice

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Full scenario planning: (ie. stock concentration, tax rates, SSI, goals, etc)

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Free personalized asset class advice on plan account, 403b & 457

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Option to get one-time fund level advice (plan, 403b & 457 + outside accounts, including spouse)

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One-click implementation — optional to turn on

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Customizable to core investment lineup

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Leverages account aggregation

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Plan reporting that can help drive improvement in overall plan and participant success

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Approved QDIA to further encourage participation and participant savings

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Experienced partner that has successfully helped improve diversification and participant confidence

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Customizable to the plans core investment lineup

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Independent fiduciary, delivering unbiased advice

See the benefits of adding One Time Advice on Outside Accounts +-
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Fund level advice on all pre-tax retirement accounts, including spouse’s accounts

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Fund level advice on long-term HSA/HRA dollars

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Leverages account aggregation

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Education Employees Can Act on

As the public sector shifts from pensions to defined contribution plans, employees have a growing responsibility to properly invest in their future. Our solution helps them find true financial wellness by not only providing financial education but delivering it in an actionable way — participants understand how every action will ultimately impact their financial well-being.

Investment Advice on All Accounts

We offer participants fund-level investment advice on all pre-tax retirement accounts, including 403(b) and 457 plans, as well as other supplemental accounts.

No Plan is Too Complex

The flexibility of our technology allows us to process data from any type of account, from a multitude of different vendors, to provide your participants with all-encompassing retirement advice.

Put The Advice into Action

Provide a seamless experience for your participants by giving them the ability to have their information submitted directly to the recordkeeper so it can be easily implemented.

More Advantages without Compromise

Through our customized approach and ability to fully personalize advice, participants are far more invested and satisfied with their plan — which creates a positive attitude that equally benefits employer and employee. Here are just some of the ways we work to assist everyone:

Improved Long Term Outcomes

Improved Long Term Outcomes

Participants who receive professional help with their 401(k) stand a greatly improved chance of achieving their retirement goals than those who do not — including a stronger commitment to maintaining and increasing their contribution levels.

Reduced HR Burden

Reduced HR Burden

Many participants have little understanding of the fundamentals of saving for their future. As part of our service, we’ll help participants learn and adopt the steps they need to take to be truly prepared for retirement, so employers won’t need to take on the responsibility of educating employees.

Stronger Confidence

Stronger Confidence

80% of Americans between the ages of 30 and 54 believe they will not have enough saved for retirement.* By creating a personalized glide path and goals for each participant, we remove those worries and help to ensure they stay on track — no matter how the markets or their life goals change.

Greater Trust & Transparency

Greater Trust & Transparency

Participants place a higher value on our advice because they know we are an independent company with no shareholders or affiliations. Everything we do is unbiased and in their best interests alone. We also work in open partnership with advisors and consultants, and lead the industry with solutions such as 3(38) fiduciary protection at a plan and participant level.

Competitive Pricing

Competitive Pricing

Our mission is to help everyone receive the professional management and advice they need for the future they want. That’s why our fees are priced to be more affordable, easier to understand and come with no minimum investment or plan balance requirements.

See More Advantages *Employee Benefit Research Institute (EBRI) 2015 Retirement Confidence Survey

Meet the Needs of Your Participants

Now more than ever, employees count on advice as part of their defined contribution plan and expect their employers to provide it. Meeting this demand takes a trusted partner able to expertly assist participants – we not only answer that challenge, we go beyond to ensure greater satisfaction and confidence.

*Source: J.P. Morgan and David Blanchett, “The Impact of Expert Guidance on Participant Savings and Investment Behaviors”, Working Paper (David Blanchett, August 2014)
Find the Right Solution

Find the Right Solution

Retire Ready Simulator with Quick Enroll

Retire Ready Simulator with Quick Enroll

  • Get participants into plans quickly
  • Provide newfound clarity about personal retirement readiness
  • Improve enrollment, savings rates, and financial wellness

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Find the Right Solution

Find the Right Solution

Asset Class Guidance & Retirement Planning with Managed Account

Asset Class Guidance & Retirement Planning with Managed Account

  • Provides free asset class guidance & retirement planning support, including outside accounts and savings advice
  • Opt-in to managed account for investment-level advice and ongoing account management on plan account
  • Can also provide advice on non-plan pre-tax retirement accounts

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Find the Right Solution

Find the Right Solution

Financial Wellness & Retirement Planning Advice for Public Sector Participants

Financial Wellness & Retirement Planning Advice for Public Sector Participants

  • Offers public sector employees free asset class guidance & retirement planning support
  • Option for one-time fund level investment advice on both plan and outside accounts
  • Designed to improve savings rate, retirement readiness and engagement

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Find the Right Solution

Find the Right Solution

Personalized Target Date+

Personalized Target Date+

  • A personalized QDIA that’s as easy as a target date fund
  • With a customizable lineup, this creates a personalized portfolio and glide path for each participant
  • 100% default, zero employee engagement required

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Find the Right Solution

Find the Right Solution

Retirement Income Solution

Retirement Income Solution

  • Personalized and actionable advice for participants who have retired or are about to retire
  • A tailored decumulation strategy to help employees make their money last
  • Advanced scenario planning to help retirees make better and more confident financial decisions

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Find the Right Solution

Find the Right Solution

Fiduciary Services

Fiduciary Services

  • Can act as a 3(38) and 3(21) fiduciary
  • We ensure all ERISA standards are met and shoulder fiduciary responsibility
  • Industry-leading oversight and due diligence

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Find the Right Solution

Find the Right Solution

Retirement Readiness Analytics

Retirement Readiness Analytics

  • Essential preparation and motivation for employees
  • Personalized assessments and recommendations
  • Gives employers a unique picture of their plan and participants

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