Annual 401(k) Day Highlights Financial Wellness Opportunity
The Plan Sponsor Council of America (PSCA) has prepared resources retirement plan sponsors and advisers may use for a plan participant educational campaign corresponding with 401(k)/403(b) Day—the Friday after Labor Day.
The “5 Ways for a Secure Retirement” campaign was designed to help plan officials increase employee understanding and appreciation of sponsors’ retirement plans. The campaign focuses on five key areas that are important for participants to understand to become financially secure: budgeting, spending, saving, planning and sharing.
The PSCA encourages plan sponsors and their advisers to implement the campaign in a way that makes sense for their company and employees. One opportunity is to hold a week of financial wellness—highlighting one of the subject areas in a presentation each day. Plan sponsors may also designate any day of their choosing to provide the complete campaign.
All of the materials are available electronically and can be distributed to employees to use at their own pace, and in their own way. The five modules are contained on a website, www.5waysin5days.com.
Customizable promotional flyers, posters, and e-mails, as well as a user guide are available at http://www.psca.org/401kDay.