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October 23, 2014
How to Help Millennials Save For Retirement: 4 Tips for Plan Sponsorsarticle

By Kelli Send, Senior Vice President - Client Services

 

Millennials, generally categorized as Americans born in the 80s and 90s, are the latest generation to enter the workforce. Consisting of nearly 70 million people, this group is expected to make up almost 50 percent of workers and investors by 2020.
 

As these young adults enter the workforce, they face a unique set of economic circumstances: unprecedented student loan debt, scarce field-appropriate entry level jobs, shaky entitlement programs, and disappearing pensions. Having watched their parent's savings suffer during the financial crisis, many Millennials view the stock market as a scary place. And they feel more insecure than ever about their financial future. Many don't think Social Security will be there for them and most fully understand that traditional pensions will no longer be a part of their retirement income.

 

Read the full article

 

Source: Francisinvco.com


Get a Sneak Preview of the 2015BMC: Roger Arnoldbmc
Are you prepared for the incredibly valuable experience-sharing, growth ideas and world-class education occurring at the 2015 Business Management Conference (2015BMC), January 7-9?

View this preview of Roger Arnold, President and CEO of Applied Market Economics, LLC and Chief Economist, ALM Advisors, Inc., who will be presenting at the 2015BMC. Learn about three primary issues driving global economic, political, and social interaction: demographics, energy, and technology. Join us for for his session The Greatest Event in Human History is Occurring Now



Register for the 2015BMC by December 5, 2014 and save $100!

Hear What NIPA Members Have to Say
"People come from all over the country and they talk about their business at the BMC. We compare staff, offerings, what motivates our people, what works and what is driving revenue. I like hearing new ideas and I will take them back with me and share them with my staff."
  
- Jennifer Rello, Benefit Associates, Inc.
  
Congratulations to the PenChecks NIPA APA Designation Scholarship Recipientspenchecks
NIPA is pleased to announce the November 2014 Testing Window Recipients of the PenChecks NIPA APA Designation Scholarship.

Stacy Ecker is a pension consultant with Qualified Pension Services, Inc. in Springfield, Missouri. She has worked at Qualified Pension Services since September 2011 as an Administrative Assistant processing payroll contributions, plan distributions and reconciling trust accounts.

Lisa Haydel has been employed as a Record Keeper with Retirement Strategies Group since September, 2013. She graduated from Loyola University New Orleans in 2010 with a degree in business administration and specialization in marketing. As a Record Keeper, Lisa is responsible for processing contributions, distributions and loans.

Join Stacy and Lisa and enhance your pension administration knowledge with the help of a PenChecks NIPA APA Designation Scholarship. Applications are now being accepted for the May/June 2015 Testing Window. Two recipients will be selected for each testing window and will receive $1,000 each to take all four APA exams.

Submit your application for the PenChecks NIPA APA Designation Scholarship today!

A Gift From NIPA: $50 Off Fundamentals Webinar Series  gift
Still time to save on the Fundamentals of Qualified Plans webinar series. Receive $50 off the $295 member rate!

The webcast series will introduce the basics of qualified plans using the material in NIPA's APA and APR Course 1. The webinar topics include:
  • Overview and Establishment of Qualified Plans
  • Eligibility and Vesting
  • Contributions 
  • Compliance Testing
  • Reporting and Disclosure/Year in Review
If you are a financial professional new to the retirement plan industry or a more experienced TPA struggling when it comes to applying one or more of these topics, you would benefit from this webinar series.
 
Join NIPA to redeem this member gift. Don't wait - this special offer is only available through October 31!

 In This Issue


Calendar of Events
TPA Business Owner Resources

New! Step Strategic Marketing

 

New! Cerulli Associates - Industry Insights and Trends

 

New! AXIS Retirement Analytics Platform

 

NIPA B2B Exchange

 

401(k) Sales Champion Workshop� 

 

Errors & Omission (E&O) Insurance  

 

Customer Marketing Tools

 

More TPA Business Owner Resources 


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