NRECA Celebrates National Save for Retirement Week Year-Round
Saving and preparing for retirement are ongoing priorities at NRECA that extend beyond a single week in the year. But National Save for Retirement Week, which is celebrated during the third week of October, is a great way to remind employees of the importance of investing in their retirement.
There are several ways you can get in on the action. Encourage your employees to check out recent enhancements to NRECA’s Employee Benefits website that make managing your retirement account easier. These include steps to diversifying your account’s investments with the option to auto rebalance every three months to help ensure that your original allocation percentage stays in place despite fluctuations in the market, and an online risk tolerance quiz that will match you to a model portfolio with suggested investment options available within the 401(k) Plan as well as allocation percentages.
The website also hosts a suite of retirement awareness materials that you can use to promote retirement preparedness at any time throughout the year. These include:
- A collection of lunch-and-learn recorded webinars featuring members of NRECA’s Personal Investment & Retirement Consulting (PIRC) team on topics such as how to create your retirement paycheck and retirement strategies for women;
- Short online videos that offer guidance on different aspects of investing for retirement;
- Several articles with tips on retirement readiness that co-ops can use as content for email blasts, intranet sites or newsletters;
- Posters for break rooms or lunch rooms on the value of investing in a 401(k) account;
- A poster on the value of the Retirement Security Plan;
- A poster that co-ops can use to advertise any retirement preparedness activities they have planned.
You can download the posters directly from the website or, if you prefer, order printed versions by contacting the Member Contact Center at 866.673.2299.
And don’t forget to remind your employees that if they have questions or need assistance developing or modifying their retirement strategies, NRECA’s Personal Investment & Retirement Consulting (PIRC) team can help. Planners are available Monday through Friday, 8:30 am to 5 pm, Eastern, by calling 866.673.2299, option 6, or by email at pirc@nreca.coop.
