Demystifying the Language of Retirement
Find out what terms and explanations click with DC plan participants.
Even some of the most commonly used terms in the retirement plan industry are not well understood by participants.
Take target-date funds (TDFs). Advisers have a good understanding of what TDFs are and what their role is on a retirement plan’s investment menu. The participants? Not so much.
Invesco’s 2021 Defined Contribution (DC) Language Research helps advisers get a grasp on what makes sense to participants—and what doesn’t.
The research delves into ways to clear up:
- The plan’s investments;
- Why staying in the plan post-retirement can be beneficial; and
- Overall communications with participants.
Download the research summary to learn more about our key findings.
FOR DEFINED CONTRIBUTION PLAN USE ONLY
This material is based on Invesco’s work with Maslansky + Partners. Invesco is not affiliated with Maslansky + Partners. This material is for illustrative, informational and educational purposes only. Words and phrases utilized should always be appropriate, applicable and provable. We make no guarantee that participation in this program or utilization of any of its content will result in increased business or higher participant rates.
This does not constitute a recommendation of any investment strategy or product for a particular investor. Investors should consult a financial professional before making any investment decisions.
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