The Members Retirement Program
Helping you plan for a bright future
We offer strategies designed for association members.
Seeing how people of similar ages and incomes are saving for retirement can be inspirational.
No matter where you are today, everyone starts somewhere.
Determining peer comparison group
The peer benchmarks displayed were developed in partnership with the Employee Benefit Research Institute (EBRI). The benchmarks were created by analyzing the account balances and contribution levels from EBRI’s Retirement Security Projection Model that draws information from a data set of 24.9 million 401k participants as of December 31st, 2014. A participant’s peer segment is selected based on their age and nearest salary, which is broken down into $5,000 increments. Participants who are earning $20,000 or less are considered to be in the same salary segment.
The Members Retirement Program is funded by a group variable annuity contract issued and distributed by Equitable Financial Life Insurance Company (Equitable Financial) (NY, NY). A group variable annuity is a long-term financial product designed for retirement purposes. In essence, a group variable annuity is a contractual agreement in which payments(s) are made to an insurance company on behalf of retirement plan participants, which agrees to pay out an income or a lump sum amount at a later date to those participants. There are contract limitations and fees and charges associated with group variable annuities, which include, but are not limited to administrative fees and charges for investment management. Contact a Members Retirement Program Specialist for costs and complete details.