WASHINGTON, DC - This is a news release from The Financial Services Roundtable
The Save 10 Initiative, a project of the Financial Services Roundtable (FSR), launched a nationwide 'Save 10' video contest today with the goal of highlighting the most innovative and creative reasons "Who, When, Why or How" everyone should save at least 10 percent of their income for retirement.
The "Save 10 Stories" contest will educate Americans on the importance of saving 10 percent of their income for retirement and urge more employers to offer their employees opportunities to save 10 percent of their income through workplace retirement plans. The contest includes a grand prize of $10,000 and nine first place prizes worth $1,000 each. Contest winners will each pledge to save 10 percent of their winnings to retirement savings.
"The importance of saving for your financial future at any age is critical," said FSR President & CEO Tim Pawlenty. "By engaging more people in the conversation about saving, we hope more employers will take the easy steps proven to significantly increase retirement savings, such as auto-enrollment. This will fundamentally change how more people can accomplish the goal of saving at least 10 percent of their income."
Watch Save 10's new video, "Saving Makes Cents: Picture Your Future" and learn more about the video contest here: https://www.youtube.com/watch?v=JFFzlXAKCZs
The Save 10 video contest starts on October 10 (10/10) and videos may be submitted for 10 weeks, until December 19, 2015. The contest is open to legal residents, over age 13, in the District of Columbia and the 50 United States. Videos must be 60 seconds or less, and must meet the basic criteria outlined in the Official Rules. Videos should be submitted through the Save 10 website and will be judged by a combination of private judging and online public voting. The grand prize winner will be announced in February 2016.