CUNA Mutual Group helps retirement plan participants by enhancing BenefitsForYou website
Company earns Best in Class Recognition in PLANSPONSOR defined contribution survey
MADISON, WI (January 6, 2016) — CUNA Mutual Group has significantly upgraded its popular BenefitsForYou.com retirement planning website, offering additional guidance and tools for plan participants and sponsors to successfully manage their retirement plans.
The enhancements help participants take control of their retirement by offering easier access to their retirement plan and providing additional tools to plan for a financially secure retirement and whether that is in three years or 30 years.
The website now features device optimization, offering convenience and a great look on any device, including a desktop computer, tablet or mobile phone.
BenefitsForYou now offers a new focus for RetireOnTarget, the online guidance tool participants use to make informed decisions to create a financially secure retirement. Rather than emphasizing asset accumulation, the tool takes a more practical and tangible approach by helping participants determine if they will truly replace their paycheck in retirement.
RetiredOnTarget is a new section featuring resources to help those over age 55 shift their focus from saving for retirement to preparing for and living in retirement. These include online classes, videos, articles and calculators designed specifically for near-retirees.
This release of BenefitsForYou.com represents another major step forward in the continuing development of our outcome-focused approach to retirement plans, said Paul Chong, senior vice president, CUNA Mutual Retirement Solutions.
We focus on creating a complete platform of communication, guidance and investments that help hardworking Americans achieve a financially secure retirement. Many workers struggle with this, and we want to increase their odds by giving plan participants the information they need to make good decisions in a straight-forward, understandable way.
CUNA Mutual Retirement Solutions, which focuses on serving smaller-sized plans, recently received 25 Best in Class Awards, five Service Commendation Awards and was ranked in the Top 5 of providers in the 2015 PLANSPONSOR Defined Contribution Survey.
The awards were earned in both the under $5 million and $5 million to $25 million plan asset categories. Service ratings came from plan sponsors in both the credit union and intermediary markets.
These awards confirm we are on the right track to serving credit unions and small businesses that truly care about their employees. We want to help them build and enjoy a successful retirement, Chong said.
The annual PLANSPONSOR Defined Contribution Survey measures and evaluates the satisfaction levels of 401(k) and other defined-contribution providers according to feedback from their plan sponsor clients.
CUNA Mutual Retirement Solutions designs simple and practical retirement programs that help hardworking Americans save for the future. For more than 50 years, we have been a leading provider of qualified and nonqualified retirement solutions that delivers service excellence and customer-focused, best-in-class products. More information on the company is available on the company’s website at www.cunamutualrs.com.
About TruStage
TruStage is a financially strong insurance, investment and technology provider, built on the philosophy of people helping people. We believe a brighter financial future should be accessible to everyone, and our products and solutions help people confidently make financial decisions that work for them at every stage of life. With a culture rooted and focused on creating a more equitable society and financial system, we are deeply committed to giving back to our communities to improve the lives of those we serve. For more information, visit www.trustage.com.
