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Genders, Generations and 401(k) Plans
Guest: Margaret Rux
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You might have heard that men are from Mars and women are from Venus, you also might understand a thing or two about Millenials, Gen Xers and Baby Boomers. However, what you might not realize is that having a better grasp on how different generations and genders approach preparing for retirement could actually help you improve your retirement plan health. My guest, Margaret Rux, is a principal and head of Vanguard Strategic Retirement Consulting. Margaret shares great insights from their research on the differences between the generations and genders in retirement plans. For plan sponsors, she shares strong evidence that your go forward plan design can be the great equalizer between historical differences between the groups.
Guest Bio
​Margaret Rux is a principal and head of Vanguard Strategic Retirement Consulting. Her team of attorneys, actuaries, plan analysts, and senior benefits professionals offers 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 Institutional 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.