Securian Financial Group has added SmartDollar to its retirement plan participant engagement and education platform.
“We’re excited to team up with Ramsey Solutions to bring SmartDollar to our retirement plan sponsor customers,” says Rick Ayers, vice president of Securian’s Retirement Plans division.
The SmartDollar solution was created by author and national radio show host Dave Ramsey and is aimed at boosting financial wellness both inside and outside the employer-sponsored retirement plan. Moving forward, the firm explains, SmartDollar will be available to Securian’s plan sponsor customers as an optional service at a discounted price.
“SmartDollar helps participants gain a holistic view of their finances, not just their retirement savings,” Ayers says. “The program gives employees the resources needed to be in control of their finances and on the path to a healthy retirement.”
Key features of the SmartDollar program include on-demand video lessons, educational materials and coaching, regular communication to participants to take action, and aggregate reporting that enables plan sponsors to track progress.
Employees will link to the SmartDollar website directly through Securian’s enhanced retirement plan participant website, launching this fall.More information is available online here.