Lincoln Financial Group recently launched a new participant education program called Lincoln InStep, designed to help plan participants through the retirment and savings process.
The programs includes a variety of content, products, services, and multimedia tools to assist employees in taking the right steps during the savings phase.
"Lincoln has a long-standing commitment to the retirement marketplace, and we strongly believe that comprehensive and ongoing employee education is one of the keys to successful retirement planning," said Chuck Cornelio, president, Defined Contribution, Lincoln Financial Group in a press release.
The program involves four steps, which include:
- Getting started – learn the basics of retirement planning and investing through information designed to help people saving for retirement.
- Saving more – identify new ways to boost retirement savings by helping people understand the small steps they can take to help them make the most of their retirement plan and achieve their retirement goals.
- Investing wisely – participants can learn how to optimize asset allocation to fit individual risk profiles and the market environment.
- Stepping Into Retirement – explore retirement strategies and income options.
These steps help manage retirement planning and financial needs for participants through their various life phases including job changes, getting married, having a child, and buying a home. The program helps plan sponsors achieve their plan goals and objectives while providing plan participants with custom tools that best suit their needs including in-person, online, and print resources.
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