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Fidelity tells Wichita County commissioners education can raise retirement returns; will return with proposal
Summary
Fidelity representatives told the Wichita County Commissioners Court on Jan. 9 that employee education — delivered via quarterly workshops and optional one-on-one sessions — can materially increase long-term retirement outcomes; the firm will prepare a written proposal for HR.
Wichita County commissioners heard a 15-minute presentation Jan. 9 from Fidelity representatives offering employee retirement-education workshops and enrollment options.
"Because a product is just a product unless you have the education," Brenna Kinsey said, arguing that helping employees understand compound interest and fund choices can increase returns. Kinsey ran examples showing how small percentage-point improvements compound…
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