Improving Retirement Outcomes is Not Rocket Science By: Dorann Cafaro and Richard C. Dunne, Bdellium, Inc.
Everybody Wins with Better Plan Design
Improving Retirement Outcomes is Not Rocket Science
Retirement plan design has an enormous effect on whether employees will be able to retire with some semblance of financial security. Smart plan sponsors recognize that helping their employees prepare better for retirement makes good business sense because it strengthens employee loyalty, reduces financial stress that causes lower workplace productivity and minimizes additional employer costs due to delayed retirement by older workers. Smart advisors know that one of the best ways to quantify delivered value is to track higher participant savings and better projected outcomes that can be directly linked to improved plan design.
