October Three Consulting

Introducing O3 PRIME, a new retirement program designed to meet the distinct needs of the modern workforce and employers. #O3PRIME

We are excited that October Three Consulting partner Brian Donohue will be speaking at the PLANSPONSOR National Conference in Chicago, running from June 4-7, 2024! This event is for HR and finance professionals and brings together industry leaders to exchange insights and participate in discussions on employer-sponsored #retirement plans. Brian will be a panelist discussing "DB Plan Maintenance” a session on how sponsors of DB plans can enhance their maintenance of them, plus considerations for including DB plans in the total retirement planning picture. If you're planning to attend, we look forward to connecting. See you there! Conference details: https://lnkd.in/gqmeGBwp #2024PSNC #retirement #HR #lifetimeincome

Creating a sustainable retirement program goes beyond just offering benefits—it requires effective workforce management strategies. Learn how addressing factors like workforce retirement readiness and fostering upward mobility play crucial roles in ensuring the long-term success of your organization. https://hubs.la/Q02y_kvh0

The fullest potential of your company's pension plan exists with a simple switch. Learn how these solutions offer sustainable retirement income, ensuring stability and peace of mind for both employers and employees. https://hubs.la/Q02yCrgq0

Defined benefit pension plans have long been the best system for delivering lifetime income to retirees, and modern innovations are making them even better. Listen below as O3 partner Idan Shlesinger shares his thoughts on this. Are you ready to optimize your organization's retirement offerings? Schedule a 30-minute consultation with us. Click the link to book now! https://lnkd.in/erSTSMYR

The Department of Labor has finalized an amendment to PTE 2020-02, enhancing regulations on fiduciary advice. This change, part of the April 23, 2024, Final Retirement Security Rule, ensures advisors adhere to stringent care and loyalty standards. Read our latest article for a detailed analysis of these critical changes. https://hubs.la/Q02xZdNQ0 #DOL #Fiduciary #Compliance #ERISA

Your pension plan should be a key contributor to a loyal, engaged workforce. Download our HR Guide & discover how a modern retirement program can be a powerful tool for workforce management. https://hubs.la/Q02xjc9q0

Are you concerned about the rising costs and complexities of retirement income solutions? Discover how you can optimize your existing pension plan that results in a transparent and cost-effective approach. https://hubs.la/Q02xj0D70

Annuity purchase interest rates have reached their peak since the start of 2024, the highest we've seen since November 2023. Sponsors should be proactive with their planning to allow ample time to enter the marketplace and avoid potential issues with insurers reaching capacity constraints towards year-end. Read the update now: https://hubs.la/Q02xcLwH0

In light of the growing demand for lifetime income solutions, there's a notable discrepancy in companies' reliance solely on Defined Contribution systems to meet their workforce's retirement needs. Originally, 401(k) plans weren't intended to serve as the primary source of retirement income for participants. So, what's driving the expectation for them to do so now? O3 Partner Idan Shlesinger shares his perspective on this issue.