Financial Education Can Help Your Pre-Retirees With Their Pension Distribution

January 29, 2013
With growing concerns about retirees outliving their retirement savings, one crucial decision that some workers have to make can have a huge impact on their chances of not outliving their nest egg, and that is which pension payout option they select at retirement. This important choice, which is irrevocable once selected, is often misunderstood by employees.  I’ve heard many employees who were planning to overlook a period certain option because they thought the payments would end at the end of the period (such as a 10 year certain and life annuity) if they outlived the time frame or employees who simply ask “What do most people pick?”. Continue reading “Financial Education Can Help Your Pre-Retirees With Their Pension Distribution”

Obstacles to Benefits Communications

July 05, 2011

As part of my four-part series, I’ve been exploring what I see as the four key reasons why employers do not prioritize benefits education, even though the majority of employers are very eager to increase employee satisfaction with their benefits package.  These four reasons are: Continue reading “Obstacles to Benefits Communications”

Could Vegas Hold the Answer to Your Employees’ Retirement Jackpot?

June 07, 2011
Welcome to Fabulous Las Vegas
Photo by By Goynang/Flickr

The secret to a good retirement planning strategy can be found in Las Vegas, but not at the poker table.  The SHRM 2011 Annual Conference and Exposition kicks off on Saturday, June 25th at the Las Vegas Convention Center and promises to be loaded with practical tips, informative HR sessions, new innovations, and networking opportunities – not to mention nonstop entertainment, Vegas style. Continue reading “Could Vegas Hold the Answer to Your Employees’ Retirement Jackpot?”

Retirement Preparedness: What Employees Need to Know About Investing

February 07, 2011

There is information that is nice to know and information that you need to know but what you really need to know is — the difference.  For example, my husband is a history buff with an avid interest in politics.  When we have friends over and we are discussing politics or world affairs, he often pops up with not just the year a politician won a race but who ran against him.  I am always amazed at his memory and wonder, “How does he remember that?”   It’s crazy!  Even though I am always impressed, I do know that is the kind of information that is nice to know but in our work and in our lives, this is not vital information that we need to know. Continue reading “Retirement Preparedness: What Employees Need to Know About Investing”