Retirement Programs for Nonprofits

The final 403(b) regulations will require a greater level of employer involvement in the documentation and operation of voluntary 403(b) programs. We understand the administrative burden that many 403(b) employers now face and are prepared to help. Our comprehensive support will help you comply with the new 403(b) regulations, while also offering your employees an enhanced retirement plan.

MetLife's ComplyNow^SM  Program is designed to provide employers with the tools that respond to some of the key provisions and responsibilities required of employers by the final 403(b) regulations.

The ComplyNow^SM Program includes:

• Specimen Plan Document
• Sample Employee Communications
• Sample Agreements
• Contribution Limit Monitoring Software

Visit the ComplyNow Site for more information.

What really sets us apart from other providers is the direct support you and your employees receive from a dedicated, onsite Financial Services Representative (FSR). These professionals deliver targeted education and communication programs designed to maximize participation in your plan.

Your dedicated FSR will also:

• Conduct onsite enrollment seminars
• Meet with participants one-on-one to:
  • answer retirement plan questions
  • help complete enrollment and salary reduction forms
  • analyze financial needs
  • offer guidance for setting and achieving retirement goals

Educating employees about your retirement plan is one of the foundations for making your plan a success. Our newly-designed participant education program promotes enrollment and participation by teaching employees about the critical importance of saving for retirement and then giving them the tools they need to do so.

Through a unique combination of face-to-face meetings and workshops, the program covers topics reflecting various life stages: Plan, Invest, and Retire. Targeted programs have been developed to address those issues that are most relevant in each stage.

Each track reflects a different stage of life and accordingly, addresses those topics that are most relevant in each stage. The tracks are as follows:

• Plan is for new and non-participating employees and encompasses a series of seminars designed for the newer workforce. These seminars are customized to teach employees the importance of saving and investing for retirement early in their career and encourage them to enroll and plan ahead.
• Invest guides and teaches already enrolled participants to invest intelligently. These seminars educate participants on the various investment options available in their retirement plans and help them in determining which options are the best fit for them for their circumstances.
• Retire is a specialized stage designed to help people near or entering retirement. These seminars highlight strategies for helping to maximize retirement income and helping to prepare them for the next stage in their lives.

Over the years, MetLife has demonstrated a sustained commitment to K-12 education. We're much more than just life insurance, annuities and other types of insurance and employee benefit programs. Our work touches the lives of individuals who support students and their achievement, including school district administrators, principals and teachers. Examples of key MetLife education partnerships include:

Association of School Business Officials (ASBO International) – MetLife understands the importance of ongoing professional development for individuals who want to continuously refine and acquire new skills. We support ASBO's Bridges to the Future Program which is designed to develop the leadership capacity of new school district business managers. MetLife-funded scholarships enable individuals to attend ASBO's International's Annual Meeting and Leadership Conference, participate in professional development, and engage in ongoing networking activities.
National Association of Secondary School Principals (NASSP) – Because MetLife recognizes the value of exemplary school leadership, we support the NASSP Principal of the Year program. This program showcases outstanding high school and middle level principals who provide high-quality learning opportunities for students and model best practices.
The MetLife Survey of the American Teacher – Since 1984, MetLife has conducted this series of surveys that bring the views of educators and stakeholders to the attention of policymakers and the public. Survey topics have changed to address key issues over the years, but the premise remains the same: to give voice to teachers and others most familiar with classroom realities and most affected by education reform.