Is Your 401(k) Plan Retiree Friendly?

A few years ago, the idea that participants in 401(k) plans were going to keep their money in their retirement plans longer started to gain traction.  Today, my guest Sue Walton, a SVP and Senior Retirement Strategist with The Capital Group shares how that idea got started and more.  I start with sharing a few of my preconceived notions about how retirement plans work for retirees, Sue responds to a few cynical comments and then get into the meat of how to make your workplace retirement plan more retiree friendly and how that could help your company and employees.  With some potential help on the way in the form of legislation, don’t miss our conversation on the current state of retirement income and how employers could integrate that into their plans going forward.  Finally, I stepped all over Sue’s great wrap up, but i think it was worth it.  

Quick thought before we get started, next time you are on LInkedIn, be sure to follow the 401(k) Fridays Podcast page.  I use that to announce new episodes, give you opportunities to ask questions of future guests and more.  And, don’t be shy.  If you have a question you want me to ask a future guest, leave it in the comments or shoot me an email to feedback@401kfridays.com.  

Guest Bio

Sue Walton is a senior defined contribution strategist at American Funds, part of Capital Group. She has 21 years of industry experience and has been with Capital Group for two years. Prior to joining Capital, Sue was a director at Towers Watson Investment Services. Before that, she was an investment consultant at Mercer Investment Consulting and Ellwood Associates. She holds an MBA from DePaul University with a concentration in finance and a bachelor’s degree in business administration, economics and international business from Marquette University. Sue is based in Chicago.

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Disclosure

Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
American Funds distributed by American Funds Distributors, Inc.