Presented by Commonwealth as part of BlackRock’s Emergency Savings Initiative.
Learn more about PLANADVISER 360 and see the agenda here.
About the Session
From Benefit to Bedrock: What Emergency Savings Means for Your Practice
Emergency savings can help participants avoid tapping retirement assets when unexpected expenses arise. For plan sponsors, however, turning that idea into a workable benefit requires thoughtful guidance on benefit buy-in, program design, implementation, and participant engagement.
Commonwealth Senior Vice President Nick Maynard joins Anthony Carter, Director, Financial Wellness from Compass Financial Partners, a Division of MMA Securities LLC (retirement plan adviser), Christen Davis, Benefits Director, Savings, Retirement, and Recognition of Starbucks (an employer benefits leader), and Rachel Weker, Retirement Strategist of T. Rowe Price (a recordkeeper) to walk through what it takes to make an emergency savings benefit work in practice. Together, they will discuss how the conversation begins, the questions and tradeoffs that emerge, what implementation requires, and learnings along the way.
Attendees will leave with practical considerations for starting the conversation with plan sponsors, evaluating options, and determining what approach fits a client’s workforce.
Monday, november 9 | 3:25 – 4:15 p.m.
Moderator
Nick Maynard
Senior Vice President
Commonwealth
Panelist
Anthony Carter
Director, Financial Wellness
Marsh Agency
Panelist
Christen Davis
Benefits Director, Savings, Retirement, and Recognition
Starbucks
Panelist
Rachel Weker
Retirement Strategist
T. Rowe Price
Resources for Your Practice
When employees can’t cover a $400 emergency, your clients’ plans pay the price: increased leakage, stalled participation, and harder conversations at every review.
Emergency savings gives you a concrete, data-backed lever to address all three, and a fresh story to bring to your next client meeting.
Explore research, tools, and practical resources to help you turn emergency savings insights into action with your clients.
Moderator
Nick Maynard
Senior Vice President
Commonwealth
Nick Maynard is a Senior Vice President for Commonwealth, with over 15 years of experience in the field of financial security. Nick is an unbiased expert on workplace financial benefits, with a particular depth in workplace emergency savings innovation; he also has experience with the retirement and payroll ecosystems roles in building employee financial wellness.
