Traditional attitudes and expectations about retirement have changed considerably. Today’s retirees are living longer, maintaining their health and staying more active than previous generations.1

Longer life expectancies and more active lifestyles naturally require more retirement income than pension plans and social security may be able to provide. That’s why it’s more important than ever for your clients to help supplement their retirement income by saving with a 403(b) plan.

If you have clients who are not investing in a 403(b) plan, encourage them to enroll now. If you have clients who are already participating, explain the importance of increasing contributions and scheduling regular meetings to check-up.

Work with your clients to develop a plan that will meet their needs and enable them to enjoy a retirement filled with freedom, flexibility and fun.

OppenheimerFunds offers the tools, resources, and support you need to help your clients build the type of financially secure retirement they want.

Following are a few simple recommendations to help you and your clients:

Educate the Educator

A 403(b) plan allows educators the opportunity to save more for retirement, with flexibility, tax advantages, high contribution limits, and diversified investment options to meet their needs. The continued pressure on other income sources makes investing in a 403(b) an important component to a retirement savings strategy.

Manage Portfolios Better Through Portfolio Builder

Use OppenheimerFunds’ Portfolio Builder2 to better manage multiple portfolios efficiently. It’s no secret that a diversified portfolio may help clients better manage risk and help position them to meet long-term financial goals. Portfolio Builder enables you to construct personalized asset allocation strategies, determine rebalancing frequencies, monitor and reserve models and may provide an attractive alternative to more expensive managed accounts.

Legacy Planning

Review our Don’t Leave Your Legacy to Chance presentation with your clients. Family dynamics change over time, so remind clients of the importance of maintaining up-to-date beneficiary information. Retirement account assets will be paid out according to beneficiary designations, not a Will. The presentation illustrates the need to review and update beneficiary forms when there are life changes. It also provides a good opportunity for you to engage with prospective clients and show them the beauty in passing it on.

The Advantage of OppenheimerFunds

OppenheimerFunds has extensive experience in the 403(b) marketplace and specialized expertise in the K-12 school market. Invest with active managers who have a long-term view, a global perspective and see opportunities where others see none. That’s the Right Way to Invest in this big, bold, beautiful world.

Next Steps

  • Speak to your clients about contributing to a 403(b) plan or increasing their deferrals.
  • Call your Regional Advisor Consultant to order personalized postcards to send to your clients today.

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1 U.S. Department of Health and Human Services National Institute of Aging, March 2007.

2 An initial investment of $10,000 is required. Fund expenses apply.