AXA Reaches Out to Educators During National Retirement Planning Week®
NEW YORK -- April 7, 2014
Because teachers impart knowledge that eventually transforms the world, AXA, a
leading financial protection company, this week is emphasizing the need to
teach teachers about the importance of their own retirement planning and
Informational “teach-ins” on retirement planning for school employees are
being hosted by AXA Advisors Financial Professionals this month at various
locations. For online learning, AXA has compiled a suite of retirement
planning resources, including articles of specific interest to educators that
explain how 403(b) retirement plans work, tax considerations, why portability
matters to today’s mobile teachers, and the advantages of starting early to
save for tomorrow.
The effort is part of AXA’s observance of National Retirement Planning Week®
2014, April 7-11.
AXA is a member of the National Retirement Planning Coalition, a group of
prominent education, consumer advocacy and financial services organizations
spearheaded by the Insured Retirement Institute (IRI). The IRI and the
Coalition have worked to organize National Retirement Planning Week to help
consumers focus on their financial needs in retirement. Again this year, AXA
is a proud member of the Coalition.
“This is a week for people to focus on educating themselves to secure their
financial futures,” said Kevin Molloy, senior executive director of AXA and
head of AXA’s Employer-Sponsored business. “With over 3.6 million* strong,
public and private school teachers are among the largest and best-educated
workforces in the U.S., and because they are so influential and give so much
of themselves, it is imperative to help them take the appropriate steps in
order to achieve financial security once they have left the classroom.”
To support NRPW objectives, Nick Lane, head of AXA’s U.S. Life and Retirement
business, will also blog on the IRI website about the importance of a plan for
savings as people prepare for retirement.
Online retirement information, including materials specifically aimed at
educators, is available on the company’s website.
*U.S. Census Bureau figures, Statistical Abstract of the U.S.
“AXA” is a brand name of AXA Equitable Financial Services, LLC and its family
of companies, including AXA Equitable Life Insurance Company (NY,NY), MONY
Life Insurance Company of America (AZ stock company, administrative office:
NY, NY), AXA Advisors, LLC, and AXA Distributors, LLC. In business since 1859,
AXA Equitable Life Insurance Company is a leading financial protection company
and one of the nation’s premier providers of life insurance, annuity, and
financial products and services distributed to individuals and business owners
through its retail distribution channel, AXA Advisors, LLC (member FINRA,
SIPC) and to the financial services market through its wholesale distribution
channel, AXA Distributors, LLC.
AXA S.A. is a Paris-headquartered holding company for a group of international
insurance and financial services companies, including AXA Equitable Financial
Services, LLC companies. AXA S.A. is a worldwide leader in financial
protection strategies and wealth management with 102 million clients in 56
countries as of December 31, 2013.
The obligations of AXA Equitable Life Insurance Company and MONY Life
Insurance Company of America are backed solely by their claims-paying ability.
Find AXA onFacebookandTwitter. For more information, visitwww.axa.com.
ABOUT NATIONAL RETIREMENT PLANNING WEEK® 2014
National Retirement Planning Week® 2014 take place from April 7 to 11. Held
during financial literacy month, National Retirement Planning Week® is led by
the National Retirement Planning Coalition—a group of prominent financial
industry, education and advocacy organizations that have joined together to
increase awareness of the need for comprehensive retirement planning.
ABOUT THE NATIONAL RETIREMENT PLANNING COALITION
The National Retirement Planning Coalition recognizes that the need to educate
Americans on retirement planning is an ongoing effort and is committed to
making retirement planning education a national priority. The National
Retirement Planning Week® and other coalition activities are intended to
demonstrate that it is possible to “Retire On Your Terms” if comprehensive
retirement plans are properly developed and managed. To support these
education efforts, the coalition maintains a year-round website –
www.retireonyourterms.org– offering the latest resources to both consumers
and financial professionals to help them stay focused on long-term financial
The coalition is headed by the Insured Retirement Institute (IRI), and
includes America Saves, American Council of Life Insurers (ACLI), American
Savings Education Council (ASEC), Americans for Secure Retirement (ASR),
Center for Retirement Research at Boston College, Defined Contribution
Institutional Investment Association (DCIIA), Employee Benefit Research
Institute (EBRI), Financial Services Institute (FSI), Financial Services
Roundtable (FSR), Jump$tart Coalition, National Association for Fixed
Annuities (NAFA), NICSA, Retirement Income Industry Association (RIIA), The
American College, The Aspen Institute, and the Women’s Institute for a Secure
John Cline, 212-314-5142
Discretion Winter, 212-314-2968
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