The Future of 401(k)
As professionals acting in a functional fiduciary nature with respect to company retirement plans, HR professionals are asked to rise to a higher standard. While there are fiduciary duties that must be prudently met, this education program is about the overarching fact that many employees are not on track to enjoy success in retirement. While a 401(k) may be deemed fiduciary prudent, if its employees are not on track to successfully retire with it, can it be said to have been a success?
In this education program, we will discuss how the 401(k) plan providers of today may not be effectively communicating to employees what information they should know to retire successfully with their 401(k) plan. To remedy this, we will discuss changes that plan sponsors should consider to meet the needs of today’s employees. Instead of trying to force employees to understand the 401(k), it’s time we forced the 401(k) to understand employees.
HR professionals attending this program will leave with the knowledge of what changes 401(k) plans need to undergo so that when today’s employees reach retirement, it can be with success. This program has been previously presented as an HRCI approved provider.
About the Speaker
Steven Lorio, CFP®, AIF®
Steven Lorio is retirement plan advisor with over 10 years of financial experience. He earned his CERTIFIED FINANCIAL PLANNER™ designation in 2006 and his Accredited Investment Fiduciary™ designation in 2009. He was one of LPL Financial’s inaugural members of the Retirement Planning Consulting Program and is a retirement plan specialist.
Steven takes pride in having created 401(k) University, an educational program for employees and employers to build their retirement plan knowledge in a structured learning format. Through this outreach and through his in-person retirement plan education seminars, Steven has been an educator to plan sponsors across Texas. Steven Lorio is also a principal of Lorio Wealth Management and is the second generation of this family-owned wealth management company.
This program is pending approval for 1.00 recertification credit toward PHR, SPHR, and GPHR recertification through the Human Resource Institute (HRCI). For more information about certification or recertification, please visit the HRCI homepage at www.hrci.org .
All online reservations are due Monday prior to the meeting. Online registration will be closed at that time. Attendees not registered online will be considered walk-in registrations and will be charged the guest rate of $35.
We regret that we must charge members and guests the cost of the event when cancellations are not received at least 48 hours prior to the event day. By submitting your registration, you agree to these conditions. We appreciate your understanding and support.