Retirement Savings

News from Your Retirement Investors’ Club (RIC) Providers

September 2020 

From time to time, one or more of the RIC providers (AIG, Horace Mann, MassMutual, Voya) share tools and information to assist retirement savers with planning and investment strategies. See current messages from the providers below.

Start Budgeting Now for Your Holiday Spending
As the temperatures get colder, we are reminded the holiday season is right around the corner and it can be expensive. According to the National Retail Federation, 2019 holiday sales grew 4.1 percent to $730.2 billion and retailers are expecting the holiday season to be longer this year than last.*
As with retirement, you know the holiday season is coming, so it’s important to plan ahead. Consider these tips to prepare for the upcoming holidays:

  • Make a list of what you want to buy and for whom.
  • Consider the total cost and then trim your list if needed.
  • Manage expectations: Talk with the kids if your budget can’t cover what they want.
  • Ignore the hype: Look for the door buster sales, but don’t let them lure you away from your list.
  • Determine what you can spend and frame your holiday shopping around that - not the other way around.

To develop a strategy that’s right for you and to learn more about how you can enjoy the holidays without impacting your financial goals, visit or schedule time with one of our dedicated financial professionals.

* Source: National Retail Federation, 2020.

No Question Unanswered
We don’t just serve our community, we’re a part of it and we’re committed to making it better. We are inspired by you - the ones who derive value and meaning from your work, above and beyond a paycheck.

We know planning for retirement can seem daunting, complicated, and overwhelming. We’ll roll up our sleeves and work with you to help find the right solutions. If you have questions, contact a Horace Mann advisor or visit the Horace Mann website.

If you haven’t already, consider enrolling in Horace Mann Retirement Advantage, available under your Iowa Retirement Investors’ Club program. If you’ve already enrolled, consider increasing your monthly contribution. Even a few dollars may make a difference in the long run.

No matter where you are in your retirement journey, remember Horace Mann is here to help you and we leave no question unanswered.


Investing: A Critical Part of Reaching your Retirement Goals 
Investing – also known as asset allocation – can be one of the most challenging parts of managing your retirement plan. Take a few minutes to watch a quick video to help you understand how asset allocation works. Contact your MassMutual advisor to learn more about your financial choices, including help with saving in the Iowa RIC plan.

Financial Wellness Tool for Voya Savers
Many State of Iowa employees save for a secure retirement through the Iowa Retirement Investors’ Club (RIC) program. Voya offers a financial wellness platform to help investors make sound financial decisions today for benefit in the future.

Whether you are just starting your career or nearing retirement, now is a good time to focus on the things you can do to get on track and stay on track for the retirement of your dreams. Log into your Iowa RIC account at and click “Financial Wellness” to make it happen.