Products February 25, 2009

Companies Can Educate Workers on Saving through New Campaign

February 25, 2009 (PLANSPONSOR.com) - Perspective Partners, a firm specializing in measuring 401(k) plan effectiveness, has launched a savings stimulus campaign that provides free assistance to businesses that want to help employees make sound long-term financial decisions.
Reported by

A press release says the Keep America Saving campaign helps businesses educate workers about the importance of saving for retirement.

Through the campaign Perspective Partners will provide:

  • a free plan sponsor report, The Participant Outcomes Report, analyzes how effectively participants are using the plan to prepare for retirement.  Businesses can see how effective their 401(k) is by looking at projections showing what percentage of participants’ income needs will be met by the 401(k) and by social security, and if there’s a projected shortfall vs. need.
  • the Retirement Express report is a streamlined, income replacement gap report providing personalized analysis along with  steps that participants can take to close gaps and achieve retirement goals.

Information about campaign eligibility and participation are at www.keepamericasaving.com .

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