About Us

EXIT is a fully comprehensive instructive service provided by finance and insurance professionals to members of an employee group at the time of their retirement. When an individual decides to retire from their career there are many critical financial variables that must be carefully considered and thoroughly thought through.

Many employees, regardless of their level of education or background, do not understand the many steps required to secure their financial and insurance needs past the time of retirement. Though they are secure in the belief, that after a lifetime of hard work and saving, they are prepared to leave the workforce, there is much more to retirement than living off your savings and letting it dwindle away. Even when someone has the benefit of receiving a pension or defined benefit plan at the time of retirement, in addition to their personal savings, they are more than likely not sure to do with their money or how long it will truly last. It is for this reason that thousands of retired individuals are forced to return to work after only a few years or worse find themselves in a situation where they struggle to maintain a comfortable standard of living for the rest of their and, more often than not, their loved one’s lives.

It’s not always the simple matter of over spending or misusing the funds that someone has retired with. Many times it comes down to the lack of education and information received by an individual regarding the critical steps one must actively take at the time of their retirement. Employer sponsored retirement accounts, employee benefit plans, insurances and properly structured investing and planning all come into play. EXIT is a upcoming retiree’s personal guide through all of these confusing and arduous processes, ensuring that the individual is completely informed and well positioned to enjoy the retirement they have worked so hard to achieve.

It’s not only the retiree that can be left in a vulnerable position at the time of retirement. Employers and those responsible for employee benefits and retirement funds while employed have a legal responsibility as a fiduciary to ensure that all necessary information is not only provided to a retiree but they fully understand what they are entitled to and the steps that must be taken at retirement. When these responsibilities are not met by the employer, they are exposed to the likely potential of lawsuits brought on by ex-employees that can devastate them both professionally and personally. This is because as a fiduciary, someone who manages any sort of assets on the behalf of an individual, a family, or a company, who their employees have justifiably trusted their financial livelihood are bound both legally and ethically to act in the other's best interests. When the necessary steps are not taken or the required information is not provided to an employee at the time they retire a fiduciary has not fulfilled their legal duty. Over the past decade there have been nearly a hundred thousand lawsuits brought on by retired individuals against their former employer’s and those in a fiduciary role which have gone in the favor of the retiree.

When an employer partners with EXIT and requires their retiring employees to participate in an ”Employee Exit Interview at Termination, they are not only protecting their employees from a failed retirement but they are also protecting themselves from undue stress and litigations, while ensuring their fiduciary responsibilities are both met and exceeded.

Mission Statements

To provide excellent third-party exit interview services to employer groups to make the transition for retirees, during the last days of employment efficient, smooth, and compliant with ERISA and state, local and federal requirements. Simultaneously, to secure the fiduciary responsibilities of Trustees, union representatives and employer executives to assure compliance with all matters relating to disclosure of information, educational support, and the execution of administrative requirements on behalf of employees during the retirement process and to guarantee a well-documented outcome for the employee and employer alike.

1. To foster goodwill and to provide a suite of services to assure a well-documented retirement process and outcome.

2. To create efficiency within the retirement process, creating a win/win scenario for employer groups and employees alike.

3. To ensure the detailed review of employee benefits including deferred compensation, defined contribution pension plans, insurance coverage, transitional items and the full explanation and integration of these matters to an employee at or during the retirement process.

4. To heighten awareness of elements critical to the retirement process for the employee and employer alike.

5. To provide financial review and supportive bespoke information tailor made pertaining to financial planning for employees at the time of their retirement. With full written instructions on the responsibilities of the employee at retirement.

6. To assure a successful transition for the employee from working to retirement.

7. To protect and execute the fiduciary duties of a trustee by providing one on one interviews with retirees, advice and information provided to retirees to assure they are keenly aware of all matters related to retirement and to provide a secure, documented file preserved for posterity detailing each meeting, issue, verbal communication and documented written reports recording each step of the process to completion.

8. Securing a signature from employee and employer memorializing the finalization of all matters related to the retirement process indicating a thorough review has been conducted and completed.