The program, entitled ‘It’s your Money’, is composed of three separate elements:
- An interactive motivational employee exercise aimed at basic education as well as getting employees to join and take responsibility for their 401(k) plans.
- An optional half-day employee program providing an explanation of the structure and operation of defined contribution plans, as well as savings and investment strategies.
- A participant ‘tool kit’ that offers an employee workbook on savings and investment concepts, as well as a set of worksheets to help participants calculate savings levels and future payouts.
For more information, please visit TAFC’s Web site at www.thealliancefci.com.