401(k) Day 2009: Make Wise Choices
What is 401(k) Day?
Sponsored by The Profit Sharing/401(k) Council of America (PSCA), 401(k) Day is an annual celebration spotlighting the importance of employer-sponsored retirement plans and drawing attention to the increasing need for American workers to save for retirement.
Read one editor's view on why 401(k) Day is worth observing. (PDF: 28KB)
Choose to celebrate 401(k) Day
This year's theme is Make Wise Choices. Choose to celebrate 401(k) Day on the official date of
- During National Save for Retirement Week (October 18 - October 24, 2009)
- In conjunction with an educational seminar
- During your retirement plan's enrollment period
Benefits to employers
401(k) Day is an excellent time for employers to show that they care about their employees and their retirement. Going that extra mile could help boost employee morale and retain employees.
Employers can:
- Educate employees about investing and retirement planning.
- Promote the company's 401(k) plan to increase participation.
- Encourage employees to focus on building a secure retirement.
Benefits to employees
401(k) Day is a perfect opportunity to remind employees about some of the great benefits of participating in a retirement plan, such as:
- Pre-tax savings and earnings
- Dollar-cost averaging
- How to reach retirement goals
Getting started
The Principal has a variety of tools available to help.
Retirement Calculators
Access a variety of retirement calculators and tools to help you and your employees plan for retirement.
Rebuilding what was lost in 2008 -- how long might it take?
If you already offer a retirement plan through the Principal Financial Group®, log into your account on the Principal Sponsor Service CenterSM and get started today.
If you'd like more information about offering a retirement plan at your company, please call us at 1.800.986.3343.
