When asked about their plans for future savings rates, retirement plan participants frequently have the best of intentions. That’s even more likely when market performance has been strong. One late-December investor survey indicates this is case as investors looked ahead to 2018. Among investors’ most common financial resolutions for 2018:

  • A healthy 40% want to save at a higher rate – including more than half of those in the 25-34 and 35-54 age brackets
  • More than one-third want to learn more about investing, trading, and the markets
  • Nearly 40% plan to change their asset allocation to better reflect market conditions

This presents a great opportunity for those plan sponsors who are planning to offer participant education early in 2018. Many QPA advisors are planning to be on the road and meeting with participants over the next several weeks. Look for them to capitalize on participants’ best intentions surrounding those three topics: (1) saving more; (2) becoming better educated; and (3) re-assessing their appropriate investment allocations. If you have questions about how to make sure your employees receive that information, please be sure to reach out to your advisor.

Matt Eickman

Matt Eickman

Full Bio

Matthew loves to write. He also loves to think, though he’s probably a better writer than a thinker. He does not like to be on camera or in videos. This blog will allow him to write, challenge his ability to think, and, from time to time, test him with video blog entries.

He has a unique blend of legal and practical experience that helps us to serve our clients well. On the one hand, he has more than 12 years of private legal practice experience focusing exclusively on employee benefits, including time as a partner in an employee benefits boutique where he has represented clients in front of the DOL and IRS. On the other hand, he holds his FINRA Series 7 and 66 registrations and serves as the Director of ERISA Services for Qualified Plan Advisors.

Matthew likes to stay active. He provides fiduciary training, Investment Policy Statement design, and vendor oversight to our clients. He is an active member of the Employee Benefits Committee of the American Bar Association Tax Section, serving as Chair of the Defined Contribution Plans Subcommittee. He also has been appointed to the IRS TE/GE Gulf States Council and is a frequent speaker on regulatory developments, fiduciary responsibilities, and retirement readiness.

Most importantly, he stays active with his family. His wife, Laura, is the founder of REbeL, Inc., a not-for-profit organization. His three young boys are mixed up in far too many sports, and they enjoy traveling, watching college football, running with Dad, and rooting for the Huskers.
Matt Eickman
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