Has recent financial news made you wonder how your retirement funds are doing? If so, representatives of Dartmouth's three retirement funds-Calvert, Fidelity, and TIAA-CREF-are available to meet one-on-one with Dartmouth employees to discuss their plans. Meetings of 45 minutes to an hour take place in Human Resources (HR) offices at 7 Lebanon St., but are available in other locations as well. "We encourage employees to take advantage of this service," says Carol Kinghorn, Human Resources' retirement plan administrator.
Through FlexOnline, employees can make changes to their retirement contributions at any time. To sign on you will need your login ID and password. The Open Enrollment period for benefits this year is Nov. 3 through Nov. 17.
For those not saving yet, Adam Keller, executive vice president for Finance and Administration, says, "many investment advisors think that the best time to invest for the future is when the market is down." Keller helped Annamaria Lusardi, professor of economics, and Punam Anand Keller, the Charles Henry Jones Third Century Professor of Management at the Tuck School of Business, begin a research study titled, "New Ways to Make People Save: The Dartmouth Project." The study found ways to break down barriers to saving and found innovative techniques for motivating employees to save, helping them get started, and providing financial knowledge.
While Dartmouth contributes to a Defined Contribution Retirement Plan for all benefits-eligible employees, approximately 70 percent of employees make additional voluntary contributions to a Supplemental Retirement Account (SRA). That percentage is high compared to other colleges or businesses, according to Kinghorn.
by STEVEN J. SMITH
Dartmouth employees Dawna Clarke and Jeff Gould (above) and Sarah Morgan and Ron Whitcomb (below) talk about why they save in a video series. Whitcomb says, "I want to travel. I want to see what's going on. You have to plan." The interviews are part of a study conducted at Dartmouth. Click here to see them.
To start saving today, click here and take 20 minutes to make your elections. Call 646-3588 with questions.
To make an appointment to discuss your current plan, click here.
For questions that don't require a meeting, call:
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Last Updated: 12/17/08