Defined contribution (DC) plan services provider Milliman Inc. has rolled out new features on its participant-facing website, www.MillimanBenefits.com, including an interactive “It’s Your Move” dashboard with tools that support successful retirement behaviors.
Features on the new website are aimed at helping plan participants establish and maintain sensible investing behaviors, such as saving enough to get the company match, diversifying investments, and utilizing automatic increase and automatic rebalance features. The updated website also comes with “a refreshed look and feel.”
Further site enhancements build on Milliman’s PlanAhead for Retirement projection tool, the firm explains, while also enhancing the educational Financial Resources Center and expanding mobile application access/capabilities.
“More than ever, our clients understand that it’s important to encourage constructive behavior in this age when too many people are not saving enough for retirement,” says Jeff Budin, Milliman’s global employee benefits practice leader. “From a behavioral finance perspective, it’s helpful to participants to see a list of items they are doing well next to some additional actions they could take to strengthen their account with the simple click of a mouse.”
More information is at www.milliman.com/insight.