Optimizing your MPI Pension Plan with CEO David Asplund (Ep. 31)
How can Entertainment Industry members best ensure financial stability in retirement?
Understand how the Motion Picture Industry and Health Plans work as this episode explores the benefits, strategies, and vital decisions shaping retirement for industry members.
Adam Scott, CFP® interviews David Asplund, CEO of the Motion Picture Pension and Health Plan, who explains the robust framework supporting financial and healthcare security for entertainment professionals. David addresses common misconceptions, clarifies plan options, and emphasizes the importance of informed retirement planning.
David discusses:
- The difference between the pension plan and the individual account plan (IAP) and how both benefit retirees
- How residuals act as a financial safety net, ensuring stability during challenging times
- The health-only retirement option that provides coverage without tapping into pension funds
- The role of accurate work-hour predictions in sustaining the financial health of the plans
- How industry trends like strikes and new media residuals impact the funding and future of the plan
- And more!
Connect with Adam Scott, CFP®:
Connect with David Asplund:
About Our Guest:
David Asplund is the CEO of the Motion Picture Pension and Health Plan, where he oversees the financial and operational management of retirement and healthcare benefits for professionals in the entertainment industry. With extensive experience in finance and plan administration, David is dedicated to work on the long-term stability and success of these critical programs. His leadership focuses on delivering robust resources, educating plan participants, and adapting to the evolving needs of the industry.
The information presented here is general, high-level, and educational in nature. Please see the Plans’ Trust Documents and the Summary Plan Description (“SPD”) for the complete set of rules that cover the Plans. In case of any inadvertent errors, the rules defined in the Trust Documents and SPDs will govern.
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