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I f offered to contribute $50 to your 401(k )…

I f offered to contribute $50 to your 401(k )…. Would you take it?. Why Saver Nation. Americans can ’ t afford to save for retirement* 27% say they have less than $1,000 in savings 54% say they have less than $25,000 in total savings and investments

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I f offered to contribute $50 to your 401(k )…

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  1. If offered to contribute $50 to your 401(k)… Would you take it?

  2. Why SaverNation • Americans can’t afford to save for retirement* • 27% say they have less than $1,000 in savings • 54% say they have less than $25,000 in total savings and investments • National Savings rate has been near 0% for 30+ years • Only 10% in any income strata contribute the annual maximum EBRI's annual Retirement Confidence Survey 75% of respondents say The #1 reason they don't save more: They can't afford to For 30 years, the retirement industry has attempted to change people’s saving and spending behavior. * 2010 EBRI Databook on EmployeeBenefits Why nothing has worked: People don’t have enough money to save more Hard to change people’s behavior 1 2

  3. The 401(k) system has been a dud for the vast majority of Americans, with women, young people and minorities among the broad groups whose financial well-being is at risk because they’re not saving enough. For middle-income earners, the median balance in 401(k) plans as of 2010 was a lowly $23,000, according to the study.

  4. The SaverNation Program is Patent Pending Proprietary and Confidential, SaveAmerica LLC

  5. Cash Back for Retirement with Every Purchase Online Shopping Program Credit Card Program Payroll 401(k) SaverNation Technology Platform IRA

  6. MoreSavingsand More Cash Cash Back Earned with SaverNation Paycheck with SaverNation Paycheck Before SaverNation $4,000 gross income $4,000 gross income -$200 401(k) contribution +$150 cash back from online purchases deposited into checking account -$200 401(k) contribution -$150 SN 401(k) contribution $3,800 adjusted gross $3,650 adjusted gross -$913 taxes (25% rate) -$950 taxes (25% rate) $2,737 take-home pay $2,850 take-home pay +$150 extra in checking acct. $2,887 available cash$350 401(k) savings $2,850 available cash $200 401(k) savings

  7. How the average person can increase their retirement savings with sssssssssss Amount people currently have saved in their retirement plan1 Savings Before $71,500 Potential additional contributions from cash backrewardsusing SaverNation2 Savings After $130,913 Total amount people could save for retirement using SaverNation $202,413 1 The average 401(k) account balance per Fidelity Investments, February 23, 2011 2 Assumes average monthly SaverNation purchases of $500 at a 5% reward level, 8% annual return, and 50% match over 40 years The SaverNation Program is Patent Pending Proprietary and Confidential, SaveAmerica LLC

  8. SaverNation Benefits • No coststo the plan, employer or participants • Increases participation and contribution rates • Works with all plans • Can help plan’s ADP testing

  9. The Program Cash back for your 401(k) with every purchase Christy Noel christy@savernation.org (424) 223-5153 The SaverNation Program is Patent Pending

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