The Statue of Liberty-Ellis Island Foundation (SOLEIF) is one of the most successful public-private partnerships in U.S. history. Established in 1982, its mission is to raise funds for and oversee the historic repair, restoration and preservation of the Statue of Liberty and Ellis Island—two of our nation’s greatest monuments to the American immigrant experience—without any government funding. Mutual of America has proudly stood with SOLEIF from the start as its retirement plan provider and as an active supporter of the Foundation’s groundbreaking work.
Enjoying a long, fulfilling retirement is an essential part of the American Dream for most of us. Yet as a growing number of people live well into their 80s, 90s and beyond, saving for retirement has become more complex and has highlighted the need to start saving for retirement at a much earlier age.
When Stephen Briganti was named President and Chief Executive Officer of the Statue of Liberty-Ellis Island Foundation, he knew that for the organization to thrive, its employees must also thrive. He immediately contacted Mutual of America to establish a 403(b) plan for SOLEIF.
“Mutual of America is all in when it comes to providing an outstanding retirement plan and supporting our organization’s mission.”Nadia Lee Director, Fundraising and Marketing, Statue of Liberty-Ellis Island Foundation
“Mutual of America understands the culture and priorities of not-for-profit organizations. They knew how to create a plan that is aligned with our organization’s mission and goals,” said Briganti. “They also recognize that each of us wears many hats in our jobs, so they continually enhance their technology and tools to help us maintain a healthy and compliant plan.”
According to Briganti, one of the most important things Mutual of America does is build trust with SOLEIF’s employees.
“Our Mutual of America representative Steven Ortiz and his team look at our employees as individuals. They meet one on one with them to understand their feelings about retirement and learn their goals for the future. They also provide education about the investment choices offered through our plan and the importance of diversification. This personalized attention helps give our employees confidence that a financially secure retirement is within their reach.”