How to Effectively Address 401k ‘Financial Scarcity’

Excel 401k - Jamie Linkowski

Description: The video features an interview with Jamie Linkowski of Prime Solutions Advisors, conducted by John Sullivan from 401k Specialist. They discuss the concept of financial scarcity and its impact on employees.

Key Points:

  1. Financial Scarcity Quantification:
    • Jamie Linkowski explains the process of quantifying the cost associated with financially strapped employees.
    • This includes understanding the dollar consequences of employees who are unable to pay their bills, are worried about debt, and concerned about retirement rates.
  2. Financial Wellness Campaigns:
    • They have developed a heatmap or scattergram to identify areas where resources should be focused.
    • This targeted approach has resulted in quicker results and more effective financial wellness strategies.
  3. Team Effort:
    • Jamie mentions his associate, Keith Warmbine, who is actively involved in the campaign, conducting sessions across multiple states and locations.
  4. Additional Information:
    • The interview wraps up with a light-hearted question about Jamie being a Steelers fan.

Transcript Highlights:

This concise summary encapsulates the essence of the discussion, focusing on the quantification of financial scarcity impacts and the targeted financial wellness campaigns led by Jamie Linkowski and his team.

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