Company going beyond traditional retirement plan guidance by providing holistic education
Having earned a reputation in the retirement industry for its award-winning, client-focused approach, OneAmerica has upped the ante in this climate of uncertainty to deliver on one of its key differentiators ─ education. Through a holistic approach that surpasses traditional plan guidance, OneAmerica is delivering key resources and assistance to retirement plan sponsors and participants.
“We’re committed to providing resources that help our plan sponsors and participants navigate this new environment, and we’re proud to take this beyond retirement preparation and into a sphere of overall support.”
“We recognize that these times are unprecedented, and our clients and participants are dealing with new challenges every day,” said Sandy McCarthy, president of Retirement Services. “We’re committed to providing resources that help our plan sponsors and participants navigate this new environment, and we’re proud to take this beyond retirement preparation and into a sphere of overall support.”
Read More: Kensho Collaborates with NVIDIA to Advance Automatic Speech Recognition
In addition to resources that provide insight into traditional retirement preparation topics like market volatility and the importance of budgeting, OneAmerica is providing materials specific to the COVID-19 pandemic. Through a series of webinars and online guides, OneAmerica is offering resources for both retirement plan sponsors and participants that address a wide-ranging spectrum of timely topics, from key provisions of the CARES Act to materials promoting emotional well-being.
For its plan participants, OneAmerica:
- Waived fees for hardship withdrawals from 401(k) retirement plans, helping ease the financial burden during these challenging times.
- Provided outreach on relevant topics like market volatility and the importance of staying focused on a long-term retirement strategy, even during a time when it’s easy to be distracted by headlines.
- Highlighted key provisions of the CARES Act and possible consequences of taking a loan or distribution, as well as the use of budgeting as a potential alternative.
- Offered holistic, bilingual resources related to emotional well-being on topics from stress management to working remotely and staying healthy at the home office.
Read More: smartTrade’s Solution Awarded Best Multi-Asset EMS System by Markets Media
