Page 22 - DCAC May 2024 Files
P. 22

Project Overview








                 • The DCAC has historically provided retirement planning services through Remotiv (formerly,

                      Financial Soundings) to assist County employees with retirement planning and advice.


                 • Empower provides a Lifetime Income Score (LIS), among other retirement planning services

                      and resources, to assist participants with planning and advice.



                 • Both services help employees understand their progress toward funding retirement income.


                 • The DCAC would like to determine if offering both services is beneficial or redundant.



                 • The Plan’s investment consultant prepared a questionnaire for Remotiv and Empower to

                      compare the service offerings for evaluation by the DCAC.




















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