Session from the 2010 Enrolled Actuaries Meeting
04/14/2010 - 8:00 - 9:15 AM
Session Category: Employee Benefits - Retirement/Consulting Issues
Credits: EA Noncore 1.50 CPD 1.50
Social Security requires just one decision from participants: When should I start drawing benefits? This decision, however, can have an enormous impact on the post-retirement risks participants face. Practitioners and plan sponsors should understand the impact of this decision on the design of employer-provided retirement benefits and consider ways of providing support to employees to foster decisions that improve retirement security outcomes.