These resources can help you reach out to sponsors of defined contribution plans with relevant, targeted information designed to make their plans more effective--while also helping to build your business.
T. Rowe Price offers valuable Web tools to help participants plan for their retirement income. Two of these tools deal with the key areas of retirement readiness and retirement income:
The following presentations are for advisors to use as a baseline for participant meetings. These core presentations can be enhanced to provide depth around specific topics. Consistent messaging and corresponding suggested calls to action can be found throughout the variety of presentations listed below:
This presentation provides an overview of the most important plan details and retirement savings strategies. It is designed to inform employees of their plan's features, how to use those features to build their own savings strategy, and how advisors can help as individuals save, invest, and plan for retirement.
This presentation teaches employees strategies for prioritizing their unique financial goals. It identifies saving for retirement as a primary goal and shows how participants can address competing priorities, such as paying down debt and saving for college.
This presentation provides impartial education about participants' options for their savings when they change jobs or retire. It includes an overview of important plan rules, the distribution options available, and the financial considerations for each option.
This presentation reviews the important milestones (financial and emotional) people reach as they approach retirement. It is designed to encourage employees to start envisioning their retirement and the steps they need to take today to be better prepared. The presentation also reviews some plan resources available to them.
This presentation is designed to inform employees of their plan's benefits by providing details about the plan. It also covers the enrollment process as well as the resources available to help them save, invest, and plan for retirement.
Gives participants an overview of the age-based investment options available from T. Rowe Price that offer instant diversification with a professionally managed mix of investments and automatic rebalancing.
Offers participants education about their distribution options when they change jobs or retire.
Shares practical steps to encourage participants to start saving and investing for retirement early.
Provides insights into why retirees should consider keeping a portion of their savings invested in stocks.
Outlines important financial preparation for pre-retirees to think about as they approach retirement.
Lists four strategies for pre-retirees to consider to strengthen their retirement income strategy.
Offers pre-retirees insight into withdrawal strategies that could help them make their savings last.
Details potential strategies for reaching retirement income goals, even if a participant has fallen behind.
Highlights T. Rowe Price target date funds differentiating characteristics, compelling benchmarking data and industry accolades.
T. Rowe Price conducted a study to evaluate whether our active approach to target date management has outperformed passive strategies offered by our competitors. We examined the performance of 11 of our Retirement Funds, those for which we could identify competing passive strategies.
Our study found that the 11 retirement funds studied outperformed their benchmarks in at least 85% of rolling five-year periods and 100% of rolling 10-year periods (rolled monthly) from inception through December 31, 2018, net of fees.
This paper offers a framework for sponsors to establish a belief set and clarity of governance structure that provides sponsors a solid foundation to inform their review and selection of a specific target date fund solution.
The principal value of the Retirement Funds and Target Funds (collectively the "Target Date Funds") is not guaranteed at any time, including at or after the target date, which is the approximate year an investor plans to retire (assumed to be age 65) and likely stop making new investments in the fund. If an investor plans to retire significantly earlier or later than age 65, the funds may not be an appropriate investment even if the investor is retiring on or near the target date. The Target Date Funds' allocations among a broad range of underlying T. Rowe Price stock and bond funds will change over time. The Retirement Funds emphasize potential capital appreciation during the early phases of retirement asset accumulation, balance the need for appreciation with the need for income as retirement approaches, and focus on supporting an income stream over a long-term retirement withdrawal horizon. The Target Funds emphasize asset accumulation prior to retirement, balance the need for reduced market risk and income as retirement approaches, and focus on supporting an income stream over a moderate postretirement withdrawal horizon. The Target Date Funds are not designed for a lump-sum redemption at the target date and do not guarantee a particular level of income. The key difference between the Retirement Funds and the Target Funds is the overall allocation to equity; although they each maintain significant allocations to equities both prior to and after the target date, the Retirement Funds maintain a higher equity allocation, which can result in greater volatility over shorter time horizons. Diversification cannot assure a profit or protect against loss in a declining market.
Contact your T. Rowe Price representative to find out how we can take your plan to the next level.