This blog discusses creating a cadence for planwide events. Margaret Rux, head of Vanguard Strategic Retirement Consulting, says a schedule of reenrollments and sweeps can improve plan participation rates and help get participants into age-appropriate investments.
Margaret Rux is a principal and head of Vanguard Strategic Retirement Consulting. Her team of attorneys, actuaries, plan analysts, and senior benefits professionals offer consulting, analysis, and expertise on a variety of fiduciary and regulatory issues affecting plan design and compliance. Ms. Rux joined Vanguard in 1987. She has spent most of her career in Retirement Plan Client Services and has also held leadership positions in Vanguard's retail and international businesses. Ms. Rux earned a B.S. from Ithaca College and an M.B.A. from Saint Joseph’s University. She is also a certified ERISA paralegal.