Budgeting is an important aspect of your journey toward financial wellness. In this video, you’ll learn more about the purpose of budget and how it can help you manage your day-to-day expenses, how to build a comprehensive budget, addressing shortfalls and monitoring your plan to ensure you are meeting your goals.
This short video provides an overview of forfeitures in the MERS Defined Contribution and Hybrid Plans. Employers will learn what they are and the options to utilize funds in accordance with IRS guidelines.
If you offer a Defined Benefit Plan, your Annual Actuarial Valuation (AAV) is an important tool to help you understand the current and future health of your retirement plan. We will walk you through understanding key components of your AAV, and what those numbers tell you about your plan’s current costs and future sustainability.
Ever felt trapped by your growing amount of debt? It can accumulate fast and leave you in a deep financial hole. By understanding the categories of debt such as “good” versus “bad”, you can learn how to put a repayment strategy in place.
Recruiting and retaining talent is a concern for many public sector employers, especially if budget constraints make it difficult to offer competitive pay. An attractive benefits package can make the difference, but only if employers understand and can communicate the value of it to employees. This session will look at how MERS employers can build an affordable and comprehensive retirement benefit, as well as how to make it appealing to both current and prospective employees.
Are you taking the right steps to complete your ideal retirement picture? Spending your golden years doing fun things like golfing or traveling sounds great, doesn’t it? Being prepared for the other expenses you will face in retirement can help you keep those dreams alive!
When it comes to saving and investing for retirement, there are many questions to consider when it’s time to retire. This video will offer concepts to help you understand each of your various retirement accounts and build an appropriate retirement withdrawal strategy to make your money last throughout your retirement years.
In this video, a representative from the Michigan Medicare Medicaid Assistance Program (MMAP) explains how and when to enroll in Medicare, what expenses Medicare will and won’t cover, and why you should reevaluate your health care plan each year once you have enrolled. We also discuss some important updates from MERS and share how retirees can get help choosing the right health care plan from benefits counselors at Aptia365.
The types of insurance you need can depend upon your age, assets and dependents. However, each person’s situation is unique.
During the webinar, an insurance expert will walk through the various types of insurances available such as health, automobile, mortgage and life and the purpose of each. They will discuss which insurances make sense based on lifestyle and other circumstances. You’ll walk away with a clear understanding of the best options to help protect you, your loved ones and your valuable possessions.
Understanding the components of your retirement income is important and Social Security is a big factor to consider. Join Social Security Public Affairs Specialist Hillary Hatch as she discusses hot topics such as eligibility, the process to apply and resources to help you navigate the system. If retirement is in your near future, this video is for you.