As you read within this months “By The Numbers” only forty-five percent (45%) of all Defined Contribution participants have secured and/or established their preferences for their account at Empower. Simply put, that’s a horrible percentage rate.
Honestly, there is no reason why that figure is not already encroaching 100%. We are, after all, Local 697 and we don’t do half-assed!
Just to be clear, you’re not doing this for us.
The loyal readers of the Funds monthly newsletters know that there is not much that could be written or spoken about on this benefit that has not been written and spoken about previously and several times over.
So, I will just leave it at this:
If you have not read the HRA provision within the Plans SPD in its entirety, you need to do so BEFORE using your HRA debit card.
We should note at the onset what a difference a month can make.
July was wild! History was made, and guess what? We all had a front row seat! Pretty cool!
Suffice it to say, for a large part of the nation, there is fresh cause for optimism. For the others, well, they continue to show a remarkable willingness to overlook the apparent danger their candidate is to our democracy.
19 – Days until the August Membership meeting. Remember, stepping-up is showing up! When was the last time you stepped up?
37 – That is percentage of Defined Contribution participants that have protected their Defined Contribution account by registering with Empower.
Enter the following information into your contact lists on your mobile device. Suffice to say, this is what all great members do to remain prepared.
You read within the “By The Numbers” section of this month’s newsletter the figure that a healthy sixty-five (65) year old married couple could spend on their healthcare during their retirement. We would like to point out a couple of important metrics behind that figure.
Dear Future, Me,
I just realized that time is precious, and there is really no time to wait to build a future worth living into. To that end, and beginning today, I am taking the “bull by the horns” and are making my future a top priority.
As a matter of fact, this morning I took my first step in that direction by finally accepting the Benefit Funds invitation to register my Define Contribution Plan account at Empower.
Are listed:
Within the Funds website the month in which the payments are due.
Within the Funds newsletter.
Within each individuals Create account of those individuals who have a shortage of hours in the form of an explanation of benefits.
Within the Funds Shortage of Hours’ notice letter that is mailed weeks prior to the payment due date.
Complete your ERTS registration. Too many of you have not.
WHAT’S AT STAKE
Only the employer Benefit Fund contributions made on your behalf while working outside of the Local 697 jurisdiction, that’s all.
Hello, Hallo, Dia Dhuit, Halla & Bonjour!
Why the multi-language salutations, you ask? Well, for one, we thought it would be interesting to welcome you to this month’s newsletter in the various and predominant “tongues” of the non-native or enslaved population that comprised the thirteen colonies when the birth of our country occurred in 1776.
I know what you are thinking.