ASEC

July 1 , 2008
OCTOBER 19-25, 2008 DECLARED NATIONAL SAVE FOR RETIREMENT WEEK

On June 26, 2008 Congress passed H.Res. 1294 Sponsored by Congresswoman Allyson Schwartz (D-PA) and Congressman Sam Johnson (R-TX). Both Representatives mentioned EBRI research in their floor speeches.

EBRI and ASEC support National Save for Retirement Week October 19-25, 2008 and will work to promote the ideals behind the Week.

Take action today so you have a secure retirement by starting with the Ballpark E$timate. Pledge to yourself to be more financially savvy and take The Saver Pledge, or utilize some of the many resources at www.americasavesweek.org.

ASEC Mission: To make saving and retirement planning a priority for all Americans.

From the American Savings Education Council (ASEC):

  • We realize this goal by educating the public about all aspects of financial security through our coalition of major public- and private-sector partners.
  • For more about ASEC, download this brochure

June 26, 2008
ASEC CHAIRMAN DALLAS SALISBURY TESTIFIES ON THE HILL

ASEC Chairman Dallas Salisbury testified before the House Ways and Means Committee, Selected Revenue Measures Subcommittee during the Subcommittee's hearing, The Role of Individual Retirement Accounts (IRAs) in the U.S. Retirement System.

Dallas testified on the topic, IRAs in the American Retirement System.


June 24, 2008
ASEC CHAIRMAN DALLAS SALISBURY TESTIFIES ON THE HILL

ASEC Chairman Dallas Saisbury testified before the House Ways and Means Committee, Subcommittee on Social Security during the Subcommittee's hearing, Protecting Social Security Beneficiaries from Predatory Lending and Other Harmful Financial Institutional Practices.

Dallas testified on the topic, "Financial Literacy and Financial Education".


June 17, 2008
SAVINGSMAN RECEIVES LOCAL EMMY WIN!!

Savingsman won a local emmy in the following category:

Jon Sullivan -- Producer Single Spot for Episode #6 "Mr. Unexpected"

Congratulations Jon!!

Savingsman has won 6 awards, 2 national and 4 local awards.

The winners were announced at the 50th Anniversary ceremony on June 14, 2008.


June 16, 2008
ASEC CHAIRMAN'S REPORT FOR MID-YEAR 2008

ASEC has released an update on the Chairman's Report for Mid-Year 2008 reporting on ASEC's activities.


June 3, 2008
RETIREE HEALTH SAVINGS: HOW MUCH IS ENOUGH?

Health care expenses in retirement are a major concern for Americans.  According to the 2008 Retirement Confidence Survey, 44 percent of retirees say they spend more on health care in retirement than they expected.

New computer simulation analysis by the nonpartisan Employee Benefit Research Institute (EBRI) provides the most realistic estimates yet conducted of how much savings are needed to cover health expenses in retirement, taking into account such major factors as gender, marital status, age, and whether your former employer provides any help with retiree health insurance.

Retiree Health Savings: How Much Is Enough?


May 22, 2008
TERRY SAVAGE RECOMMENDS BALLPARK ESTIMATE

Terry Savage, a nationally known expert on personal finance, recommends ASEC's Ballpark Estimate as the best online calculator for figuring out how much you'll need in retirement, and how much you should be saving now.

See Ballpark Estimate listed in Terry's favorite web sites
See Terry talk about Ballpark Estimate on Nightly Business Report's May 19, 2008 episode (How Much Do You Need to Retire?) of the FINRA Investor Education Foundation funded Get Your Finances Ready for Retirement.


APRIL 18, 2008
ASEC's April 2008 Partners Meeting Presentations

I.      Welcome and Report – Dallas Salisbury, Employee Benefit Research Institute
II .      "Rolling in the Dough" Saving Campaign, Drawing for the Winner Joan Lok, Maryland Saves
III.    Choose-to-Save Update Ken McDonnell, Employee Benefit Research Institute
IV.    Results of Preparing for Their Future: A Financial Look at Gen X and Gen Y –Lisa Greenwald, Greenwald & Associates
V.      Results of the 2008 Retirement Confidence Survey – Matthew Greenwald, Greenwald & Associates
VI.     NCEE National Summit on Economic and Financial Literacy Joe Peri, NCEE
VII.    New Interactive Web Program, E-Extension – Jane Schuchardt, Cooperative Extension
VIII.  Update on America Saves Week Nancy Register, America Saves
IX.     Panel on Program Highlights for Target Audiences

Presenters:
Bob Wells, Iowa State University
Jonathan Kivell, Educated Consumer Project
Julie Kyrazis, Military Saves
Cindy Hounsell, WISER
Kelley Coates-Carter, AARP

X.      Question & Answer Period to Panel on Program Highlights for Target Audiences – moderator: Dallas Salisbury, Employee Benefit Research Institute
XI.     Partner Announcements

Summary Report of the ASEC Spring 2008 Partners Meeting


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