RM Pt: 1
What is the base life expectancy within RM for both males and females?
91 and 93
What is the Earliest Age RM allows participants to start taking Social Security?
62
What does the acronym LIS stand for?
Under what tab on the Voya Site can a participant edit their Contributions?
Contributions and Savings under Manage Contributions
What is the Client Code for T Rowe Price?
TRPX
Which lifestyle should a participant select if they want to have only 80% of their take home pay during retirement?
Thrifty
What are the Three Main Numbers RM gives advice on?
Annual Savings Rate, Retirement Age, Social Security Benefit
Who is the Recordkeeper for the RTXX 401k Plan?
Alight
Where should participants first click to access RM once they are logged into their Voya account?
Get Investment Advice along the Top of the Screen
Other than RM what are the other two Products our Team Supports?
Personal Target Date Funds (PTDF) and Morningstar Plan Advantage (MPA)
What are the three stages a person could be in on their retirement journey?
Accumulation, In Transition, In Retirement
Of those who choose the Advice Only Option of RM, what percentage never come back into the service to make further changes and updates?
Roughly 90%
What is the average Basis Point Fee for a Voya Retirement Plan?
50 Basis Points
Which Client uses the MPA Platform?
UBS
What is the name of the part of RM where it shows them where their income will come from each year in retirement?
Income Secure
What page allows a participant to exclude Funds from Retirement Manager's recommendations?
Accounts Page, by Editing the 401k Fund Lineup
Why would a Raytheon participant, who is age 65 be invested in the Target Date 2060 Fund?
To give Participants the necessary Stock Exposure and Due to Limit Fund Lineup
Are the savings recommendations given off by RM implemented or not implemented automatically for Voya participants?
Only a Recommendation (Must Update on Voya Site)
Who is the Client that still only has access to RM Classic Advice Only?
Carrier and Otis
What is the most aggressive asset allocation RM would put them in?
97% Equity and 3% Fixed Income
Which of the Background Photos is the Most Chosen by participants?
Sun Set
Who was the previous 3rd-Party Investment Advice giver for Raytheon?
Edelman Financial Engines (EFE)
How many Voya Campaigns do we run a year?
6
February , April, June, October, November
Which of Morningstar's Clients receive a form of RM for No Cost to the Participant?
Carrier and Otis
(If you got this you’re a Beast)