First deliverable of bold new 360 model for women's industry leadership is a breakthrough in retirement planning for small business owners, the USWCC SmartRETIRE 401k.
WASHINGTON, July 21, 2011 /PRNewswire-USNewswire/ -- There's a new leader for women's retirement planning -- women themselves. Today, the U.S. Women's Chamber of Commerce™ (uswcc.org) announced the opening of a new frontier for women's industry and retirement leadership through the creation of national financial and business service enterprises that put women in the driver's seat for improved retirement planning and business growth.
The U.S. Women's Chamber of Commerce takes the title "women-owned" to the next level in the evolution of women's economic growth through the formation of financial and business services subsidiaries of the chamber. Through this bold act of leadership of the new Women-Led Economy™ (womenledeconomy.com), the women's chamber transforms the position of women from ripe marketing targets into industry leaders controlling our own destiny and benefiting from aligning our shared goals and objectives to achieve better economic outcomes for women.
The first deliverable of this new 360 leadership model is a breakthrough in retirement planning for small business owners, the USWCC SmartRETIRE 401k™ (smartRETIRE401k.com). For many years, the traditionally higher costs and administrative burdens of business retirement 401(k) plans have prevented small businesses from taking advantage of one of the best tools available for retirement planning and employee recruitment and retention.
SmartRETIRE 401k levels the playing field by providing small businesses with a flexible, high quality 401(k) plan with excellent independent investment management (Morningstar Investment Services), low costs to start and run, reduced fiduciary risk, and the ongoing education and support of the U.S. Women's Chamber of Commerce and USWCC Money, LLC.
SmartRETIRE 401k is a Multiple Employer Plan 401(k) available to business members of the U.S. Women's Chamber of Commerce. A Multiple Employer Plan 401(k) is a single Qualified Retirement Plan housing multiple "adopting employers" with common retirement savings objectives. SmartRETIRE 401k delivers the type of value, ease of implementation and administration, quality investment management and affordability that previously has been reserved for big businesses.
'"Over the last century, women's economic clout and industry leadership has grown dramatically," says Margot Dorfman, CEO of the U.S. Women's Chamber of Commerce. "Women have gone from the home to the office into business ownership and political leadership. Now, we open the next frontier -- leadership and control of our own national financial and business service enterprises that put women in the driver's seat for retirement planning and business growth."
"Women no longer have to hope that the financial services industry will provide us with the affordable, trusted, well managed tools we need to plan and retire with confidence," says Janette Davis, CEO of USWCC Money, LLC. "Now, we are taking the lead and driving ourselves."
The new U.S. Women's Chamber of Commerce financial and business enterprises are USWCC Money, LLC (a Registered Investment Advisor firm - providing retirement planning and investment advisory services), USWCC Financial, LLC (providing business and personal financial services), USWCC Insurance, LLC and USWCC Business, LLC (providing business solutions, ecommerce stores and malls).
"The U.S. Women's Chamber of Commerce is the independent force behind an economic revolution in America," continues Dorfman. "I want to be very clear about the new women's chamber-owned subsidiaries; these are not corporate sponsorships. Each and every action the U.S. Women's Chamber of Commerce takes is grounded in our philosophy of independence from corporate and political marketers. Our independence, through the formation of these subsidiaries, powers our freedom to act exclusively on behalf of our members. SmartRETIRE 401k is just the first of many women's chamber initiatives positioning women to take the lead and drive."
The U.S. Women's Chamber of Commerce™ (uswcc.org) is the leading independent advocate for women on economic leadership issues. The USWCC creates opportunities and change for women by building a strong community voice, advocating for members, and providing programs and benefits to support the economic growth of women across America. The USWCC is a not-for-profit 501(c)6 organization founded in 2001; its headquarters offices are located in Washington, D.C. Contact the USWCC at 888-418-7922.
SOURCE U.S. Women's Chamber of Commerce