HARRISON, New York, April 25, 2014 /PRNewswire/ --
Transamerica Retirement Solutions today recognized two financial advisors with its inaugural Transamerica Financial Educators Award. The awards ceremony took place during Transamerica's second annual Retirement Readiness Summit ( April 23-25) and coincides with National Financial Educators Day on April 25.
The awards acknowledged the work of two financial advisors whose efforts to improve financial literacy have positively impacted their communities and clients - Tom Hoffman with Lincoln Investment Planning, Inc. and Jania Stout with the Fiduciary Consulting Group at PSA.
Mr. Hoffman received the Transamerica Financial Educators Award for community education for his outstanding educational outreach to high school students in Massachusetts. Through his successful, community-based financial education program, local high school students have learned real-world financial management skills such as how to create a budget and manage financial events like unforeseen health expenses.Ms. Stout received the Transamerica Financial Educators Award for employee engagement for her unique educational program for retirement plan participants. To address the challenge of low retirement savings rates among U.S. workers, Ms. Stout developed the Retirement HERO Program to provide an easy-to-understand method of saving for retirement. Ms. Stout's four-step program encourages workers to have a budget, eliminate debt, know their retirement number, and own their plan. A special Financial Education Leadership Award was also presented by the National Financial Educators Council to Deb Rubin, senior vice president of TPA and specialist advisor distribution for Transamerica Retirement Solutions, for her leadership and dedication to improving retirement outcomes for American workers. "Financial education is an integral part of any effort to help American workers achieve a secure retirement. Transamerica is proud to recognize the winners of the Transamerica Financial Educators Award for their efforts to increase financial literacy in their communities," said Stig Nybo, president of pension sales and distribution for Transamerica Retirement Solutions. "We're especially proud of Transamerica's Deb Rubin. She is passionate about improving financial security and her work to promote the importance of financial education will help create better retirement outcomes for many Americans." Transamerica is currently accepting nominations for the 2015 Transamerica Financial Educators Award. To submit a nomination, apply online at trsretire.com. About Transamerica Retirement Solutions Transamerica Retirement Solutions (Transamerica) is a leading provider of customized retirement plan solutions for small to large organizations.