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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