Retirement Readiness Week schedule
The Office of Human Resources is excited to announce Retirement Readiness Week, taking place Sept. 15–19! This special week is designed to help you prepare confidently for your next chapter—whether retirement is just around the corner or a few years away. Content will focus specifically on individuals planning to retire in one to five years.
We’ve organized a series of informative sessions with our retirement partners. A summary of events is listed below in addition to the attached calendar.
Monday, Sept. 15
CAPTRUST at Work: Noon - Room G204 North/South
Learn about the new financial benefits being offered by NEOMED’s partner, CAPTRUST, an independent investment advisory firm. Their services can assist you with selecting a retirement plan, budget toward financial goals, manage accumulated debt and make sure you stay on track. CAPTRUST is available to provide you with access to professional, unbiased advice. This program has been made available to employees by the university as part of the benefit package and can provide employees with a custom planning tool tailored to their individual needs. This service is provided at no cost to employees.
STRS: 1 - 3 p.m. – Room G204 North/South
Don’t miss out! STRS Ohio Member Education Coordinator will provide details on:
- Your pension and service credit
- Retirement eligibility and key timelines
- Health care in Retirement
- What to consider as you near retirement
- A Q&A session to answer your specific questions.
Tuesday, Sept. 16
OPERS: 11 a.m. to 1:30 p.m. – Room G204 North/South
Don’t miss this informative session with OPERS Member Education Coordinator.
Learn about:
- How to earn service credit and become eligible for a Pension benefit
- The difference between a reduced and unreduced Pension benefit
- Why a supplemental savings account (Ohio Deferred Compensation) is needed in addition to your pension.
- How to become eligible for access to the OPERS Health Care Program
- What tools and resources are available to assist you in Planning to Retire
Wednesday, Sept. 17
Understanding Medicare: 10 - 11 a.m. – Room G204 North/South
- What is Medicare and who is eligible
- Working past 65
- Medicare coverage options and costs
- How to choose coverage and enrollment periods
Schedule a One-on-One Virtual Retirement Session
Our retirement vendors have opened their calendars to offer personalized, one-on-one virtual sessions.
- Are you new to understanding state retirement benefits versus the Alternative Retirement Plan (ARP) [401(a)]?
- Are you interested in supplementing your retirement savings with a 403(b) or 457 plan?
- Do you know the difference between a pre-tax retirement account and a Roth retirement account?
Our experienced retirement vendors are here to help you navigate your options and make informed decisions.
Brian Koch, VOYA - https://briankochfinancialreview.timetap.com/#/
Chase Pegrim, Corebridge - Schedule a financial wellness check-in
Kristy Breidenbach, TIAA - https://shared.tiaa.org/private/tools/directscheduler/BREIDEK
David Peterson, Equitable – Equitable
Thursday, Sept. 18
AllOneHealth – Estate Planning: 10 - 11 a.m. – Room G204 North/South
NEOMED’s Employee Assistance Program through AllOneHealth will present on Estate Planning and will provide information and tools on utilizing their services.
Advantages of Health Savings Accounts: Noon - 1 p.m. – Room G204 North/South
AultCare will present important rules about Medicare and your Health Savings Account (HSA). It is important to know the difference between Medicare eligibility and Medicare enrollment as you are approaching age 65, and how collecting Social Security payments can also impact you and your HSA contributions.
Schedule a One-on-One Virtual Retirement Session
Our retirement vendors have opened their calendars to offer personalized, one-on-one virtual sessions.
- Are you new to understanding state retirement benefits versus the Alternative Retirement Plan (ARP) [401(a)]?
- Are you interested in supplementing your retirement savings with a 403(b) or 457 plan?
- Do you know the difference between a pre-tax retirement account and a Roth retirement account?
Our experienced retirement vendors are here to help you navigate your options and make informed decisions.
Brian Koch, VOYA - https://briankochfinancialreview.timetap.com/#/
Chase Pegrim, Corebridge - Click HERE to schedule a financial wellness check-in
Kristy Breidenbach, TIAA - https://shared.tiaa.org/private/tools/directscheduler/BREIDEK
David Peterson, Equitable – Equitable
Friday, Sept. 19
Ohio Deferred Compensation: 9:30 a.m. - 12:30 p.m. – Room G204 North/South
Stop in and meet with NEOMED’s Ohio Deferred Partner. Retirement needs are different for everyone. However, most financial planners suggest that your retirement income should be 75-90 percent of your working income. They typically refer to a "three-legged stool" as the ideal plan for retirement savings: Social Security, an employer pension, and personal savings. How much money do you think you will need for retirement? A Defined Benefit Plan (like OPERS, STRS, etc.) and a Defined Contribution Plan (like Ohio DC) can help you meet your goals. A typical retiree from one of Ohio’s public employee retirement plans, who qualifies for full benefits, may receive about 62-66 percent of working income from their primary retirement plan, plus health care benefits. While this benefit is significant and valuable, personal savings, including contributions to Ohio DC, will be needed by most retirees to reach the level of retirement income suggested by financial planners. No RSVP required.