New York Life is introducing an employee participant program that aims to personalize and simplify the retirement planning process.

MyLifeNow, which will include a website to be launched in November, will help participants with enrollment, savings, tweaking asset allocation and preparing for a major transition. The program will also help employees deal with everyday life events such as buying a home, having a baby or sending a child to college. Although the website has not yet launched, email and print communication is already in place, as is a call center.

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