Fidelity suggests the following actions for higher education plan sponsors:
1. Target employee and employer contributions totaling 10 percent to 15 percent of an employee’s annual salary to increase retirement readiness.
2. Administer a combined benefits plan of contribution and employer match to increase total contributions, employee engagement, and potentially lower costs.
3. Use employer match to increase voluntary participation rates and employee contributions.
4. Consider automatic enrollment to raise voluntary plan participation rates.
5. Consider automatic increase program to increase employee voluntary contributions.
UBTech 2017 Call for Speakers
Enhance your leadership influence by presenting at UBTech 2017, the biggest week in higher ed AV, IT, and Institutional Success. The UBTech program team is accepting proposal submissions in the following categories:
- Active Classroom
- AV Integration
- Campus IT
- Institutional Success
- Instructional Technology
- Policy and Practice
For more information and helpful tips on submitting high-quality proposals, visit the UBTech Speakers Portal.