Alabama Education Association Selects TIAA-CREF as Retirement Plan Provider
Centralized Design Provides AEA Members Access to Array of Low-Cost Investment Options and Access to Community Based Fee-Only Registered Investment Advisors New York, NY, February 14, 2012 – TIAA-CREF, a leading financial services provider, today announced its selection by the Alabama Education Association (AEA) as the exclusive endorsed retirement plan provider for AEA’s more than 104,000 members in 173 school districts and community colleges across the state. “The market volatility of the past several years highlights the importance of working with a financially strong and low-cost...
Read MoreGet Creative with Benefits Strategies During an Economic Downturn
In an economic downturn, companies can struggle to maintain their existing employee benefits programs, much less think about adding new ones. In times like these, low- and no-cost measures can help a company to keep its benefits programs vibrant and evolving to meet employee needs. Here are some such measures to consider: A recession may make it impossible to allocate additional company dollars to benefits, but an employer can give employees time and convenience instead, through various strategies. - Set up a direct deposit program for employee paychecks. Depending on the financial...
Read MoreCould You Pay Your Bills If You Were Unable to Work?
A January 2007 survey conducted by International Communications Research on behalf of the National Association of Insurance Commissioners (NAIC) revealed that 56 percent of U.S. adults say they would be unable to pay their bills if they became disabled and could not work for a year or longer. Despite this sentiment, only 44 percent of respondents indicated they had long-term disability coverage. Of these, 71 percent said their employer provided long-term disability insurance, which would leave them vulnerable to the financial effects of a long-term illness if they become unemployed. Not...
Read More