SAN FRANCISCO, CA--(Marketwired - Oct 6, 2015) - Navera, Inc., a leading provider of cloud-based benefits engagement solutions, today announced its newest product for employer-sponsored retirement planning, typically referred to as 401(k) planning. Building on its expansive library of education and decision support products, which include Medical, Dental, Vision, Life Insurance and other ancillary and voluntary benefits, Navera's solutions enable employees to select the benefits that best match their personal and financial wellness goals.
According to a recent EBN article, addressing employees' financial stress can lead to increased productivity and improve an employer's bottom line. In addition, with pension plans becoming a rarity, more and more employees are turning to 401(k) plans for retirement savings, which necessitates an educated and proactive approach to retirement planning. Navera's new module provides employees a personally relevant experience to help them make smart financial decisions regarding their 40l(k)/403(b) options.
"We are committed to providing a comprehensive benefits engagement solution that addresses both health and financial wellness," said Steve L. Adams, CEO of Navera. "When employees choose the right mix of benefits, including the right retirement savings strategy, they are more confident and less stressed. Navera's approach enables employees to plan for retirement in a very personalized way and enables employers to manage education and communication costs. It's a win-win for everyone."
Key features of the existing Navera solution and the new retirement planning module include:
- Interactive, self-paced 401(k) and 403(b) education that enables employees to confidently make informed decisions
- Rich animation that combines the spoken word, written word, and storytelling to maximize engagement and comprehension
- 24/7 online access to meet the demands of today's internet-savvy employees
- Available integration of web-based education and decision support into existing enrollment or benefits administration systems
- Configurability for traditional and/or Roth plans
- Calculators to plan for the savings needed to support retirement lifestyle goals
Availability
Navera's module is available now. For more information or to request a demo, go to www.navera.com.
About Navera
Backed by Emergence Capital Partners and Mohr Davidow Ventures, Navera is an award-winning provider of a cloud-based benefits engagement service that enables consumers to select the healthcare and voluntary benefits that most closely match their needs. Headquartered in San Francisco, Navera takes a portfolio approach to benefits enrollment and provides users with an engaging and personalized consumer experience that provides a better understanding of benefit options and how they work together to provide the most complete and cost-effective coverage. Consumers are able to make confident, well-informed decisions while enjoying an informative and entertaining enrollment process. To learn more about Navera, please visit www.navera.com.
Navera is a trademark of Navera, Inc. All other company and product names are trademarks or registered trademarks of their respective holders.
Contact Information:
For press inquiries:
Aimee Quemuel
Codey Communications
(415) 753-9005