This month, Katie Gatti Tassin of Morning Brew’s Money with Katie show joins CAPTRUST’s Jennifer Doss and Scott Matheson on Revamping Retirement. Tassin is known for her financial expertise focused on the millennial generation and covering topics from long-term savings and 401(k) contributions to personal finance goals and salary negotiations.
With Jennifer and Scott, she discusses what millennials are most worried about when it comes to finance, and why saving for retirement should be a bigger priority.
Later, Mike Webb talks about the mandate of automatic enrollment in retirement plans in this month’s Minute with Mike.
Millennial Money with Katie | Spending, investing, and taxes
This month, Heather Shanahan sits down with Karen Pearl and David Ludwigson of God’s Love We Deliver (GLWD). GLWD is a nonprofit organization based in New York City that provides medically tailored meals, plus nutrition counseling, to individuals living with severe and chronic illnesses. Founded in 1985, GLWD delivers these meals free of charge to clients’ homes throughout the five boroughs of New York City and parts of New Jersey.
Karen shares her experience as CEO and discusses her decision to retire, with practical advice for other nonprofit leaders to engage board members in succession planning. David, GLWD’s current CEO, discusses the transition process and how it set him up for success. Listen to what they learned about board involvement, organization-wide transparency, and how to achieve a (mostly) peaceful transition.
Subscribe to Mission + Markets for more insights for nonprofits and mission-focused organizations.
Under the Investment Advisers Act of 1940, this podcast is defined as an advertisement and includes an uncompensated testimonial by a CAPTRUST client. Please be advised that clients’ experiences as described in the podcast do not necessarily represent the experience of other clients.
Heather Shanahan, CAPTRUST director of endowments and foundations, talks with LaVanda Brown and Courtney Johnson from the YWCA of Greater Charleston (YWCAGC). LaVanda has been the organization’s executive director for seven years, and Courtney is the current treasurer and incoming chair of the YWCAGC’s board.
In the episode, LaVanda and Courtney share their experiences navigating and supporting the YWCA’s mission of eliminating racism and empowering women. The three discuss the intentional decision to have an all-female board; the steps they’ve taken to honor the organization’s mission; the importance of staff and board member relationships; and strategic planning.
Subscribe to Mission + Markets for more insight for nonprofits and mission-focused organizations.
Under the Investment Advisers Act of 1940, this podcast is defined as an advertisement and includes an uncompensated testimonial by a CAPTRUST client. Please be advised that clients’ experiences as described in the podcast do not necessarily represent the experience of other clients.
RESOURCES:
YWCA GREATER CHARLESTON
Measuring Diversity in Nonprofits
In episode 51 of Revamping Retirement, Scott Matheson and Dawn McPherson are joined by John Sullivan, chief content officer at the American Retirement Association.
John has more than 25 years’ experience covering financial markets in roles such as editor-in-chief of 401(k) Specialist and Investment Advisor magazines and retirement editor of ThinkAdvisor.com.
Listen to hear key takeaways from the recent National Association of Plan Advisors (NAPA) Summit in San Diego, plus some of the challenges and opportunities plan sponsors face today.
Later, Mike Webb discusses new emergency savings options from the SECURE 2.0 Act in this month’s Minute with Mike.
RESOURCES
SECURE 2.0 Opportunities for Plan Sponsors | Retirement Plan (captrust.com)
Anticipating SECURE 2.0 Changes (Webinar Recording) | Retirement Plan (captrust.com)
In episode 50 of Revamping Retirement, Jennifer Doss and Dawn McPherson talk with Chris Whitlow, CAPTRUST senior director of advice and wellness. Before joining CAPTRUST, Chris founded Edukate, a digital financial wellness platform. The three talk through what’s trending in terms of financial wellness, and why it’s the topic of conversation among retirement plan sponsors. Chris shares his advice to plan sponsors to identify and understand what their employees need when creating a financial wellness plan.
In Minute with Mike, Mike Webb provides insight on the SECURE 2.0 Act and student loan repayment.
RESOURCES
CAPTRUST’s Financial Wellness Solution for Plan Sponsors
Home | CAPTRUST Advice
In the second episode of Mission + Markets, Heather Shanahan, CAPTRUST director of endowments and foundations, is joined by Bob Murray, executive director of Casual Simulation. Bob has more than 30 years of experience in the nonprofit and higher education development. The two discuss donor engagement, honoring your donor’s intent, and how to keep your organization’s story relevant as technology evolves. They also cover how a newer, startup-style nonprofit can partner with established organizations for success.
Subscribe to Mission + Markets for more insight for nonprofits and mission-focused organizations.
How Nonprofits Can Handle Major Gifts
Honoring Donor Intent | Endowment and Foundations
Welcome to the debut episode of Mission + Markets! Listen as Heather Shanahan, CAPTRUST director of endowments and foundations talks through highlights of the fifth annual Endowments and Foundations survey, completed by 169 organizations around the country, and 59 percent of respondents are private nonprofits. Heather is joined by CAPTRUST Director of Institutional Portfolios James Stenstrom, and Grant Verhaeghe, CAPTRUST senior director and Institutional Portfolios practice leader.
The three discuss staggering statistics regarding diversity, equity, and inclusion, plus practical ways to improve an organization’s DEI efforts. They also consider reasons for the decline in values-based investing for endowments and foundations.
To learn more about the survey’s findings, view the results here.
Subscribe to Mission + Markets wherever you get your podcasts for more discussions on topics like board turnover, honoring your donor’s intent, and trends among nonprofit sectors.
About Mission + Markets
Mission + Markets empowers endowments and foundations to pursue their mission-driven goals by exploring trends and best practices related to mission engagement, fiduciary governance, and investment management. Hosted by CAPTRUST’s Director of Endowments and Foundations Heather Shanahan, Mission + Markets shares research, resources, and recommendations from industry insiders so your nonprofit can focus on what’s most important—the mission.
CAPTRUST Unveils Findings from Fifth Annual Endowment & Foundation Survey
In this month’s episode of Revamping Retirement, Jennifer Doss and Scott Matheson are joined by Vanguard Senior ERISA Consultant Janet Luxton to unpack SECURE 2.0 from a recordkeeper’s perspective. The three look at what is required to implement versus what is optional in the legislation, as well as a seemingly simple question: What should you focus on first? From required minimum distributions (RMDs) to emergency savings accounts, Janet provides an interesting viewpoint on the new ruling.
Also in this episode, CAPTRUST Senior Financial Advisor Mike Webb kicks off his SECURE Act Series going over 403(b)s and CITs.
Revamping Retirement Podcast | Episode 48: Breaking Down SECURE 2.0… (captrust.com)
SECURE 2.0 Act Passes | Retirement Plans | CAPTRUST
SECURE 2.0 Wealth Brief | Wealth Management | CAPTRUST
On this month’s episode of Revamping Retirement, Jennifer Doss and Scott Matheson are joined by Dawn McPherson, CAPTRUST’s director of retirement plan consulting. Listen as the team breaks down SECURE 2.0 Act, which passed at the end of 2022, including their favorite—and not so favorite—provisions of the legislation and potential benefits to participants. Jennifer and Dawn discuss the new required minimum distribution (RMD) age, student loan repayment options, the IRS correction program, the paper statement requirement, and more.
Also in this episode, CAPTRUST Senior Financial Advisor Mike Webb sheds light on common misconceptions about excess deferrals for plan sponsors.
To close the show, Scott introduces CAPTRUST Director of Endowments and Foundations Heather Shanahan, who will be hosting the firm’s new podcast series, Mission + Markets. Focusing on endowments and foundations, this new podcast will explore an array of topics from board turnover to RFP best practices, launching with CAPTRUST’s 2022 Endowments and Foundations survey results.
SECURE 2.0 Act Passes | Retirement Plans | CAPTRUST
SECURE 2.0 Wealth Brief | Wealth Management | CAPTRUST
On this month’s Revamping Retirement, Jennifer Doss and Scott Matheson look back at 2022 and recap the year’s most popular episodes.
In the final episode of 2022, Jennifer and Scott discuss their favorite Revamping Retirement episodes of the year. From the changing landscape of the workforce to the importance of participant communication, the podcast covered a wide array of topics in 2022. Revamping Retirement welcomed guests to share their expertise across the industry, like economist Dr. Shlomo Benartzi and Rosalyn Brown, equity, diversity, and inclusion director for WE Inspire. Promote. Network (WIPN). Jennifer and Scott recap conversations on retirement trends, participant needs, industry regulations, and much more, plus look ahead to 2023 trends.
In Minute with Mike, Mike Webb discusses year-end plan amendment deadlines. Want to hear about something or from someone specific on Revamping Retirement in 2023? Leave us a review and let us know!
Episode 36: Maximizing Benefits in a Tight Labor Market
Episode 37: DEI: Why Checking the Box Isn’t Enough
Episode 38: The MIT Age Lab and the Workplace of the Future
Episode 40: Retirement Industry Research: Insights for Plan Sponsors
Episode 42: Save More Tomorrow 2.0: Harnessing Inertia with Dr. Shlomo Benartzi
Episode 44: Effective Participant Communication MattersDOL ESG Policy