Retirement Savings

News from Your Retirement Investors’ Club (RIC) Providers

July 2020 

Emotions and Your Money: Five Potentially Costly Mistakes and How to Avoid Them 
Considering the recent financial rollercoaster, it's understandable if your emotions are going along for the ride. To help you navigate today's volatile market conditions, we invite you to watch this timely webinar to learn more  about different types of emotions an investor may face, and provide strategies and tips to stay on track to a secure retirement. Play webinar recording now.

At Age 50, Iowa RIC Plan Allows Catch-Up Contributions Beyond the Regular Annual Contribution Limit
A catch-up contribution is a type of retirement savings contribution that allows people aged 50 or older to make additional contributions to their retirement plan accounts, such as your RIC 457 plan. For 2020, the catch-up contribution limit is $6,500.

Take A Step in the Right Direction
Now is a great time to boost your retirement savings and get ready for a successful retirement. Contact your local Horace Mann representative or log in to increase your contributions or catch-up if you are 50 or over.

Your Employer Matches Your Contributions to Your Retirement Investors’ Club Account?
This means your employer will match the first $75 you contribute monthly, so you can sock away some extra retirement savings without missing a step. 

Don’t miss this opportunity!

To make the most of the match, be sure you’re contributing at least enough of your pay to maximize your plan’s match. Take a moment to check if you’re maximizing the match available to you. We know how important it is to save for the future, and want to do everything we can to help you on your way. 
 

Help with finances during trying timesWe Can Help You Navigate Through These Uncertain Times
The global COVID-19 pandemic continues to impact all aspects of our lives – including our personal finances. We're here to help you navigate through these uncertain times, with our webisode series that provides insights and tips to consider. Our third episode: Planning For Retirement During a Market Downturn is now available at https://players.brightcove.net/3608769907001/default_default/index.html?videoId=6159277643001.