Products June 10, 2005

ICC Offers Deferral Level "Caution" Statement

June 10, 2005 (PLANSPONSOR.com) - A Charlotte-based investment education firm is now offering a report designed to encourage greater plan deferrals.
Reported by

A news release from ICC Plan Solutions said the report,

According to the announcement, the bright yellow documented is intended to be distributed periodically to participants who are not making adequate contributions. It will reflect the potential retirement income shortfall they face given their current contribution and how much they should be contributing, according to the announcement.

“We have found, and so have participants, that most communication pieces say very little regardless of how glitzy and expensive they are”, Richard Glass, Investment Horizons, Inc.’s president, said in the news release. “This report is an undeniable wake-up call for participants.”

The report is also available in a non-participant version and a version for participants who seem to be on track to a financially secure retirement.
 
More at http://www.iccplansolutions.com/

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