What strange and unusual times these are.
Our client base (school employees) have been home for many months. Their world, as for all of us, has been flipped upside down as to how to go about doing their respective jobs with any sense of normalcy. Schools are grappling with reduced budgets and trying to get a handle on virtual learning. Many school employees have been looking at being permanently laid off or contending with teachers who say, “if we are virtual learning, I’m not going back.” Many of these employees are eligible for retirement but were not considering it before COVID-19. The number nationally has to literally be thousands.
We were asked by an association we work with if we could help this group. We produced a virtual seminar that was built to provide school employees who were not coming back to work this August with the valuable information and help on working with the state regarding immediate retirement.
As you can imagine, time was of the essence; the association gave us two weeks to be ready. They sent out this information to the local districts and 459 people signed up. During the 45-minute seminar, we convened some of our best people in a room to serve as a panel and answered 55 questions about the retirement system and its benefits. Since then, we have heard from districts and employees that it was a big help to many that are being faced with the uncertainty of having to retire immediately.
Richard Williams is President and CEO of Williams and Co. He is a 2015 Elite Advisor.
Editor’s Note: This piece is part of the Business Insights Series in which NTSA Elite Advisors offer ideas and insights intended to offer members support and provide information concerning business opportunities.
Opinions expressed are those of the author, and do not necessarily reflect the views of NTSA or its members.
About the Elite Advisor Award
The NTSA Elite Advisor Awards focus on NTSA financial advisors' innovative, unique, profound and successful best practices for advocacy, leadership, practice management and legacy. More information about the Elite Advisor Awards is available here.
WOWcasts Available
Richard Williams was featured in the 11th WOWcast Series. The sessions are available here, here, and here.
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