Save for our 15.9* million College Students, "National Save for Retirement Week" begins next week.iOme all in with $20,000 + GREEN BAY, Wis. -- "National Save for Retirement Week" begins next week - minus a large demographic of future retirees: College Students. Created in 2009 - with unanimous resolutions from both houses of Congress - National Save for Retirement Week: "seeks to increase personal financial literacy Financial literacy is the ability of individuals to make appropriate decisions in managing their personal finances. Raising levels of financial literacy is now a focus of government programmes in countries including[1] Australia, Japan, the United States and the UK. and raise public awareness of the retirement-savings vehicles available to all WORKERS." College Students aren't on the Retirement Week radar. Only 31% of workers age 18-25 participate in a 401(k) plan, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a Hewitt Associates Some of the information in this article may not be verified by . It should be checked for inaccuracies and modified to cite reliable sources. Hewitt Associates study; there's even less participation among college-age students. College students need to be engaged because, well, they'll retire too, someday (maybe). iOMe Challenge was created to give all College Students a voice to help solve their problem of their retirement security. iOMe is challenging U.S. College Students to bring forth ideas and strategies to change the world and influence an entire generation - some 45 years from today. "First, we listen," said Michael Kiley, president of Plan Administrators, Incorporated (PAi) and sponsor of iOme. "Ask students what they think - and what they think we should do about their Retirement Challenge. Then, we'll take their ideas to Congress and build it for the future." Like Congress, iOMe Challenge believes retirement planning Retirement financial planning refers to a collection of systems, methods, and processes which, in their aggregate, support a family unit's (client's) desire to achieve a state of financial independence, such that the need to be gainfully employed is optional. begins today (the sooner the better in most cases). iOMe is jump starting the planning process by providing huge cash incentives for the best retirement ideas, and the best public awareness campaign in a Generation: $20,000 First Prize plus a trip to Washington DC to present ideas to policy makers and policy wonks. A Blue Ribbon blue ribbon denotes highest honor. [Western Folklore: Brewer Dictionary, 127] See : Prize Panel of Deans and Scholars from Yale University Yale University, at New Haven, Conn.; coeducational. Chartered as a collegiate school for men in 1701 largely as a result of the efforts of James Pierpont, it opened at Killingworth (now Clinton) in 1702, moved (1707) to Saybrook (now Old Saybrook), and in 1716 was , University of Chicago and University of Maryland University of Maryland can refer to:
The Challenge runs through December 31, 2009. Winners will be announced in January. * http://www.census.gov/Press-Release/www/releases/archives/facts_for_features_special_editions/002263.html |
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