A retirement plan sponsor’s biggest challenge is to provide their employees with extensive education. Through semiannual or annual enrollment meetings, WWK representatives conduct group presentations with the employees. We review the basics of investing, including defining stocks, bonds, and mutual funds. We also discuss, in depth, the importance of diversification, international investing, market volatility, and realistic expectations. We explain the importance of pre-tax investing, the advantages of saving today instead of tomorrow, and the benefits of employer sponsored programs. We tailor our group presentations and enrollment meetings to accommodate the varying degrees of investment experience among our clientele’s employee base.
In addition to the group meetings, we provide one-on-one consultations to employees who may want personalized information. We can produce personalized hypothetical illustrations on site. Although past performance is not a guarantee of future results, we can estimate the amount of contributions necessary to reach retirement, using historical assumptions and personal goals. Our goal is to ensure that our clients understand how their money is being invested.
We provide employees with comprehensive educational materials. We include easy-to-read brochures that discuss basic market information and details on the funds offered. These brochures use hypothetical examples along with charts and graphs. We also use technology such as PowerPoint, multi-media, and video presentations.