Parks is founder and CEO for Ubiquity Retirement + Savings, formerly The Online 401(k) and executive producer of Broken Eggs, an independent, feature-length documentary about the looming retirement crisis in America.
The looming retirement crisis is multifaceted, as personal savings are historically low, Social Security is headed towards depletion of its surplus and pensions are going extinct.
Commentary: There are a lot of misconceptions about retirement plans that may keep employees from enrolling. Chad Parks shares are some ways to help businesses navigate these often jargon-heavy waters.