With five generations comprising today’s workforce, equipping employees at all career stages for retirement is a challenge for employers. Presenting retirement plan options tailored to employees is a valuable tool in recruitment and retention efforts.
Craig Reid, president and national retirement and wealth practice leader at Marsh McLennan Agency, recently authored an article in BenefitsPRO. Craig shares his insights on designing the most engaging and effective employee retirement plan. He also discusses Marsh McLennan Agency’s MMA IRA– a low-cost, provider-agnostic individual retirement account (IRA) solution available to all employees. MMA IRA allows employees to move their outside assets and former 401(k) balances into a consolidated IRA, regardless of account size. Employees can benefit from an institutional investment approach previously available only to the largest, most sophisticated investors.
