Prepare for Your Future with Benefits Access

This article was originally published in the April 2017 issue of Hark!

 
While Benefits Access—benefitsaccess.org—offers access to your retirement plan account balances, transactions, investment returns and allocations, it is also designed to help you at any stage of your career.

As an Early or Mid-career Participant...

Review your account, invest your funds and learn about Wespath-administered plans and programs. Consider using the:

  • Retirement Readiness Tool to estimate how much you need for retirement by viewing your projected retirement income, retirement income needs, and income gap or surplus.
  • LifeStage Investment Management modeling tool to determine whether to use this service to automate your retirement investing.

If You’re Nearing Retirement...

Benefits Access is your one-stop shop—determine when you’ll be financially prepared to retire, complete online benefit applications if you have already set a retirement date and even set up monthly benefit payments that are automatically adjusted.

Consider using the:

  • Retirement Benefits Projection to view estimates of your Wespath-administered benefits projected to your retirement date.
  • LifeStage Retirement Income service to help you transition from saving to spending in retirement by automating your retirement distributions (including your Required Minimum Distribution). Use the LifeStage Retirement Income Calculator to determine how much your monthly payments will be.
  • Online application for benefits to use our intuitive benefit election tool to make decisions about, and begin benefits from, your Wespath-administered retirement plans.

Prefer a Personal Touch?

Wespath has you covered with assistance from our in-house call center at 1-800-851-2201 or professional financial guidance from EY Financial Planning Services at 1-800-360-2539.*

Additional information about Benefits Access is available at www.wespath.org/retirement/services/benefits-access/.

 

* EY Financial Planning Services are available to active participants and surviving spouses with account balances, and to retired and terminated participants with account balances of at least $10,000. Costs for these services are included in Wespath’s operating expenses that are paid for by the funds.

 

 
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