BLOOMFIELD, N.J.--(BUSINESS WIRE)--Reverse Mortgage Funding LLC (“RMF”), one of the nation’s leading reverse mortgage lenders, today announced its online educational platform, Retirement Experts Network, will host a webinar featuring Dr. Brigitte Madrian, Commission Member of The Bipartisan Policy Center (“BPC”), a non-profit organization dedicated to promoting non-partisan health, security, and opportunity for all Americans, on Wednesday, November 9, 2016 from 11:00 AM to noon ET. Dr. Madrian will discuss the recommendations outlined in the extensive research report titled “Securing Our Financial Future: Recommendations for Retirement Security and Personal Savings,” published in June 2016 by the BPC’s Commission on Retirement Security and Personal Savings. Those interested in participating in the webinar can register by clicking here.
The report provides a series of informed recommendations on how to boost savings and strengthen retirement security for all Americans. Developed over a two-year period by a highly prestigious and respected 19-member commission—which is comprised of political leaders, retirement experts, academics and industry executives including Dr. Madrian—the report has been cited in multiple high-profile publications including Bloomberg, Forbes and MarketWatch. The commission organized its recommendations into six main themes, which Dr. Madrian will discuss during the webinar:
Improve access to workplace retirement savings plans, largely by making it easier for employers to offer plans and to enroll workers in them, and by simplifying the decisions facing participants.
Promote personal savings for short-term needs and preserve retirement savings for older age, largely by making it easier for workers to shift savings among their various retirement accounts and more difficult to make pre-retirement withdrawals.
Facilitate lifetime-income options to reduce the risk of outliving savings, largely by facilitating the offering of retirement plan distribution options that would provide income over a retiree’s full lifetime.
Facilitate the use of home equity for retirement consumption, largely through the use of reverse mortgages.
Improve financial capability among all Americans, largely by implementing the recommendations of the President’s Advisory Council on Financial Capability, and by clarifying the nomenclature used in key government programs such as Social Security.
Strengthen Social Security’s finances and modernize the program, by balancing its income and expenditures, and by targeting its benefits more directly on needy households.
“As our legacy can attest, Retirement Experts Network is committed to providing the financial advisor community with highly esteemed experts on a variety of important financial subjects that directly impact their clients’ well-being,” said Tom Dickson, National Leader of Reverse Mortgage Funding’s Financial Advisor Channel and manager of Retirement Experts Network. “We are very excited and honored to provide a platform for the BPC’s groundbreaking research and recommendations on how to significantly strengthen the financial security for all Americans. Their report is the result of what is perhaps the most insightful and informative examination of the U.S. retirement system ever conducted. We strongly advise all financial advisors, wealth managers and retirement experts to sign up for this webinar, as the committee’s recommendations—which call for the creation of new, multiple employer retirement plans, tax incentives to increase automatic enrollment and escalation with higher default rates, voluntary lifetime income plans as an alternative to multiemployer defined benefit plans, and the expansion of the federal MyRA program, among others—will have a profound effect on their industry and client relationships.”
Dr. Madrian is the Aetna Professor of Public Policy and Corporate Management at the Harvard Kennedy School and a research associate and co-director of the Household Finance working group at the National Bureau of Economic Research. She is also a member of the Commission on Retirement Security and Personal Savings at the Bipartisan Policy Center. Dr. Madrian’s current research focuses on behavioral economics and household finance, with a particular focus on household saving and investment behavior. Her work in this area has impacted the design of employer-sponsored savings plans in the U.S. and has influenced pension reform legislation both in the U.S. and abroad.
Due to the strong interest in the BPC report and the limited space available, those interested in participating are encouraged to sign up as soon as possible. A replay of the webinar will be available on-demand.
About Reverse Mortgage Funding LLC
Established in 2012, Reverse Mortgage Funding LLC (NMLS ID #1019941) is one of the fastest-growing lenders in the industry, one of the nation’s largest GNMA issuers of reverse mortgages, and a recognized thought leader in the reverse mortgage business. A wholly owned subsidiary of Reverse Mortgage Investment Trust Inc. (RMIT), the company’s focus is on originating, acquiring, investing in, and managing reverse mortgage loans and securities backed by reverse mortgage loans. The company is headquartered in New Jersey, with corporate offices in New York and California and field offices throughout the U.S. Learn more by calling (844) 804-3863 or visiting www.reversefunding.com.
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About Retirement Experts Network
Retirement Experts Network is an educational platform for financial professionals by Reverse Mortgage Funding LLC (RMF), one of the nation’s leading reverse mortgage lenders. The webinars and materials on the site, www.RetirementExpertsNetwork.com, are provided at no cost to financial advisors, and the webinars typically provide continuing education (CE) credits to advisors who hold the CFP® designation. In addition to educational presentations by speakers who are top experts in their field, members are provided with free access to an array of scholarly and topical resources on important financial subjects including Social Security, reverse mortgages, FAFSA (Free Application for Federal Student Aid) and college planning, Medicare, divorce planning and more.
This material has not been reviewed, approved or issued by HUD, FHA or any government agency. The company is not affiliated with or acting on behalf of or at the direction of HUD/FHA or any other government agency.
©2016 Reverse Mortgage Funding LLC, 1455 Broad Street, 2nd Floor, Bloomfield, NJ 07003, 1-888-494-0882. Company NMLS ID: #1019941 (www.nmlsconsumeraccess.org). Equal Housing Lender. Arizona Mortgage Banker License #0927682; Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act; Loans made or arranged pursuant to a California Finance Lenders Law; Georgia Mortgage Lender Licensee #36793; Illinois Residential Mortgage Licensee; Massachusetts Mortgage Lender License #ML1019941; Licensed by the New Jersey Department of Banking & Insurance; Rhode Island Licensed Lender; Texas Mortgage Banker Registration in-state branch address 6044 Gateway East, Suite 236, El Paso, TX 79905. Not all products and options are available in all states. Terms subject to change without notice. Certain conditions and fees apply. This is not a loan commitment. All loans subject to approval. L651-Exp102017