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CUNA Mutual launches retirement guidance technology
MADISON, Wis. (8/31/11)--CUNA Mutual Group has released an online retirement guidance platform designed to take the guess work out of managing individual retirement goals. RetireOnTarget will assist more than 140,000 credit union employees whose 401(k)s are administered by CUNA Mutual in moving toward their retirement goals. “Retirement planning tools have been available for many years to participants, but we believe RetireOnTarget is different and better,” said Kevin Thompson, senior vice president, Asset Accumulation, CUNA Mutual. “RetireOnTarget is proactively presented to participants. They don’t have to search for it and they can quickly edit it for their personal situation. We use an ‘easy button’ approach so they can make changes to get themselves back on target. Frankly, people want guidance, not just education.” The technology employed by RetireOnTarget enhances CUNA Mutual’s outcome-based approach to retirement plans by helping participants make informed decisions, Thompson said. Plan participants can determine if they’re investing enough, adjust the risk of their asset allocation and alter goals and retirement dates.
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