Common use of Personalized Participant Communications Clause in Contracts

Personalized Participant Communications. Except as otherwise agreed by the parties, Contractor will send certain action-oriented Participant education communications according to a Participant’s behavior, preferences, and information. Messaging shall include: a. information about the tools and services available in the Plan and what actions a Participant may take to build individual savings and will address topics such as enrollment, beneficiary designation, contribution increases, asset allocation, catch-up contributions and more; b. general financial topics that a Participant may find helpful while striving to reach financial and savings goals, and will include budgeting, debt management, investing basics, emergency funds, National Retirement Security Week and more; and c. the opportunity to view additional options available that may provide the Participant with a more comprehensive savings strategy and will include information about healthcare savings accounts, estate planning, college saving and more. A Participant must have an email address on file with the Contractor in order to receive such communications via email. The Participant can opt out of receiving these emails at any time.

Personalized Participant Communications. Except as otherwise agreed by the parties, Contractor will send certain action-oriented Participant participant education communications according to a Participant’s participant's behavior, preferences, and information. Messaging shall include: a. information about the tools and services available in the Plan and what actions a Participant participant may take to build individual savings and will address topics such as enrollment, beneficiary designation, . contribution increases, asset allocation, catch-up contributions and more; b. general financial topics that a Participant participant may find helpful while striving to reach financial and savings goals, and will include budgeting, debt management, investing basics, emergency funds, National Retirement Security Week and more; and c. the opportunity to view additional options available that may provide the Participant participant with a more comprehensive savings strategy and will include information about healthcare savings accounts, estate planning, college saving and more. A Participant participant must have an email address on file with the Contractor in order to receive such communications via email. The Participant participant can opt out of receiving these emails at any time.