Beth Davies is President at RTD Financial. In addition to her role in firm management, she works directly with business owners and executive staff to develop and monitor highly effective retirement programs for their organizations. Beth offers resourceful solutions to each client’s unique needs, earning their trust and confidence with her depth of knowledge and perspective.
A pension practitioner since 1981, Beth has vast experience consulting on retirement plan design, plan administration, IRS and Dept. of Labor regulations, mergers and acquisitions, participant education and fiduciary governance. Beth shared client relationships with RTD since its inception and was delighted to join the firm in October 2013 and become an equity shareholder in 2017. She is a member of the firm’s Employer Retirement Plans, Trust and Non-profits, Strategic Partnerships, and Marketing & Communications committees.
She was a faculty member of the former Institute of Employee Benefits in Philadelphia and has mentored many pension professionals in the vicinity. Mentorship has been a satisfying aspect of Beth’s career. Since transitioning from Third Party Administration services at prior firms to investment fiduciary services at RTD, Beth takes great pleasure in working in a different capacity with former colleagues, building a strong circle of trusted partners serving RTD clients.
Beth is an active volunteer in her community and has served on various committees in her church and local schools. She currently serves on the Board of Directors for the Girl Scouts of Central and Southern New Jersey and chairs the Board Development Committee. Beth also coordinates programing as a member of the Steering Committee of the ASPPA Benefits Council of Greater Philadelphia. Beth is an avid reader and especially enjoys historical fiction and a good mystery. She loves travel, live concerts, theater, and other cultural events. Beth is originally from Central NY and favors spending time in the mountains and on lakes visiting friends and family “upstate.” She has covered many miles on Rail Trails, county parks and nature preserves.
Getting to know Beth
What do you enjoy most about working at RTD?
RTD People! We live and breathe our Core Values. We collectively foster a nurturing and empowering culture. It is so gratifying to witness the personal growth and fulfillment that results from this culture. Everyone sincerely cares about our clients and each other, our passion is evident in all we do. We work hard, but we have FUN! Infectious laughter is often heard down our halls (and these days over Microsoft Teams)!
What did you want to be when you were growing up?
I wanted to be a teacher. I have a thirst for learning and had many great teachers who enlightened and encouraged me. Some were academic teachers, others professional mentors. I’ve had many opportunities to give back by mentoring others throughout my career and am grateful to have had some influence on their success.
What’s the most exciting vacation you’ve taken?
A European cruise. Although it started out with our luggage not making it from the airport to the ship until two ports after we first sailed. Thankfully, our carry-on bags had some essentials and extra clothing! (Must be the Girl Scout in me that was so prepared.) Viewing Grand Prix racing on the streets of Monaco was thrilling. My ancestors migrated from Castagna in the Calabria region of Italy and my dear grandfather Raffaele later worked in brickyards along the Hudson River. When we drove past brickyards in Tuscany his presence was deeply felt. We enjoyed an amazing meal and wines from the vineyards of Castello di Verrazano, then on to San Gimignano. This town centers on a square of medieval houses and a church. I love reading about medieval times and to walk among the walls and towers of this ancient and still vibrant town was an amazing experience.
Professional Designations & Memberships
Western Stars Inspiration
Anyone who knows me knows how much music is a part of my everyday life. I especially enjoy live concerts and prefer smaller venues over stadiums. I listen to a variety of genres depending on the mood I’m in or one I want to elevate to. I was struggling with a topic for this blog […]
Three Ways to Help Your Employees Retire
Help them Discover who they want to be in retirement. Help them Plan for their future. Help them Live free of the stress of financial uncertainty. Great efforts are made to enroll employees in company-sponsored 401(k) and 403(b) plans. But what happens next? Oftentimes, not enough is done to help participants re-assess their savings goals and investment decisions after enrollment. What about the employees […]
2019 Changes to Hardship Withdrawal Rules for 401(k) and 403(b) Plans
New hardship rules became effective January 1, 2019, for the calendar year plans, thanks to the Bipartisan Budget Act of 2018. Most of these rules are welcome changes which should make more funds available to plan participants who are experiencing financial hardship. There is some concern, however, that there will be more “leakage” of retirement […]
CFP®, AIF®, CPC, etc.– What and Why?
Team RTD dedicates significant time and resources to achieve and maintain over 40 collective designations. In fact, “Competence and Continuing Education” is an essential component of our Core Values. Why does this matter to RTD? Because we care. We care about the professional growth and development of our people. We care about creating a competitively healthy environment […]
Maximizing Retirement Plan Savings for the Solo Practitioner
Are you the sole owner and employee of a business? Do you want to maximize tax-deductible retirement savings? You may be eligible for a one-participant retirement plan, which covers an owner, or an owner and spouse, in a business with no other employees. As such the plan is not subject to nondiscrimination testing and has […]