ICMA-RC Introduces New Retirement Savings Calculator

The new "Grow Your Savings" calculator shows the effect of increasing contributions to retirement plans and compound interest on savings.

ICMA-RC, a provider of retirement plans exclusively for public-sector employees, is participating in America Saves Week.

ICMA-RC is promoting several digital resources specifically for the week, including its new “Grow Your Savings” calculator, which shows participants how their savings can add up over time by increasing contributions to their retirement plan. The calculator also shows the effects of compound interest on savings.

In addition to distributing electronic resources, during America Saves Week ICMA-RC representatives across the country will be participating in benefits fairs, conducting one-on-one meetings, and hosting education sessions.

America Saves Week is a national campaign to encourage individuals and families to save money and build personal wealth. Held February 22 through 27, 2016, the week gives employees an opportunity to renew their focus on saving and planning for retirement.

The ICMA-RC calculator is at www.icmarc.org/grow.  

More information about America Saves Week is at www.americasavesweek.org.