Pensions, Retirement and Old Age

By Tony Kent and Cathy Howley.
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Age Canada Old Pension
Does the future look bleak for American workers?

Gordon Brown has renamed the DTI the Department for Business, Enterprise and Regulatory Reform (DBERR) to reflect its focus on the reduction of red tape and a commitment to entrepreneurship. 2006 Older employees plan to keep on working Older employees are increasingly willing to work on past the traditional retirement age, according to a new survey. called 'baby boomers' have told Heydey, profit organisation set up by Age Concern, they want to work past the state pension age.

Funds Pension A recent research statistic revealed that one quarter of eligible workers choose not to contribute to the employer's 401(k) plan. Less than 10% contribute the maximum. (Source: Center for Retirement Research at Boston College)

It seems that Jim is about to live his dream of joining a major league team in middle age, when most players are planning their retirement.

Hancock John Pension So if the employees aren't interested in participating, how do you encourage them to get excited or even enthusiastic about saving for the future?

You need to have JavaScript enabled to see this content. Company pension plans, IRAs, 401k plans, and other employee benefit programs may be overlooked in premarital planning, and yet many times these assets are quite substantial. Federal law provides a spouse with certain rights to your retirement benefits. These rights cannot be affected except by specific procedures. For example, designation of a beneficiary other than a spouse requires the notarized consent of the spouse.

Pension Widow A workplace retirement plan can mean the difference between a costly retirement and an enjoyable one. But it's a hard sell, especially if retirement is 25 or 30 years away.

It seems that Jim is about to live his dream of joining a major league team in middle age, when most players are planning their retirement.

Fund Pension Research also shows that education and communication have a solid role for increasing participation and saving rates. The main criteria needed for successful company education on 401(k) plans are clear objectives, good targeting of messages, relevant communication (which usually means keeping it simple) smart evaluation and follow up.

The findings come in the wake of the furore surrounding Lord Turner' age by 2050. Providing an example for people embarking on setting up a business, SME owners and managers are increasingly finding ways to fund their retirement, including property investment and investing in private pensions, reports smallbusiness.co.uk. Although SME owners and managers are understandable passionate about their businesses' success, David Robertson, chief executive officer at BFS advised that they " earned break".

Investment Pension In other words online education - but with a big difference.

Canadian Pension Plan Online is a medium that can capture attention in the most intimate way. After all, you are sitting just a few inches away from the computer screen, so you can make the space really work in your company's favor. Try doing that with a brochure or paper presentation.

Department Pension Work - With online you can use a voiceover and graphics to simplify complex issues and financial information for all levels of employees.

Ibm Pension - You can encourage interaction and involvement through a quick quiz or light hearted questions.

Benefit Corporation Guaranty - You can easily include calculators that clearly demonstrate the value of contributing to a 401(k) plan over time. The earlier you start saving, the healthier your pension plan will be at retirement.

Calculator Pension - Get the picture? Yes, why not use more of them to sell the key benefits of being part of your company's 401(k) plan. No one wants to read line after line of dull financial text. Make the benefits animate and come to life in bold type.

Government Pension The Pension Research Council at the Wharton School concluded that "the largest effect on participant contribution rates comes from raising the concentration of materials offered via the web". It also estimated a contribution rate almost 50% higher when communication was at a high level - a huge leap forward from traditional education methods.

Pension Prague The problems that 401(k) plans face exists around the world where saving for retirement is just as challenging. Take Australia for example. You can see some colorful examples of online pension education with voice and movement at http://www.options-strategy.com/super.htm. These examples also include automated emails after the training to remind employees of what they decided to do.

Pension Retirement Better education and clearer communication. They're the keys to successful online education and can go a long way to improving your 401(k) figures.

Ontario Pension Plan Teacher About the authors.

Atlanta Attorney Pension Tony Kent heads up Options Strategy a well-known Internet Marketing Consultancy based in Melbourne, Australia. He is a regular conference presenter. Cathy Howley is the Copywriter and Creative Manager. Visit www.options-strategy.com

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