First Investors Celebrates National Save for Retirement Week

New York, NY, October 15, 2008 - Congress has declared October 19-25, 2008 to be National Save for Retirement Week. Currently, traditional sources of retirement income—such as corporate pensions and Social Security—are being called into question, while many costs, such as health care, are rising. This initiative reflects the need for Americans to take a more active approach in preparing for their own retirement.

"Now that many of the 79 million members of the Baby Boom generation are approaching retirement, the question about how retirees will support themselves in an era of dwindling pensions and rising health care costs has become a vital topic," says Robert M. Flanagan, President of First Investors Corporation. "Initiatives such as National Save for Retirement Week and the Pension Protection Act—which, among other things, allows employers to automatically enroll employees in a defined-contribution plan such as a 403(b)—are evidence that saving for retirement has become an issue of national importance."

First Investors offers a wide array of mutual funds, life insurance and annuities, as well as 403(b)s and IRAs, which can aid people with their retirement preparations. In addition, First Investors Financial Services Representatives offer personalized service to each and every client, making home visits and assuring that investors' portfolios are in line with their needs and goals.

In honor of National Save for Retirement Week, First Investors and its representatives will be making a concentrated effort to educate clients about their retirement savings options, such as workplace contribution programs and IRAs. With the help of new educational materials and First Investors' unique Retirement Needs Analysis, representatives will provide free retirement information to clients during National Save for Retirement Week, and beyond.

"Helping our clients prepare for long-term goals, such as retirement, has always been our top priority at First Investors," says Mr. Flanagan. "We hope that by promoting the message of National Save for Retirement Week, we can increase awareness of the importance of personal retirement savings, as well as help many Americans attain these financial goals."

First Investors has been in business since 1930. During that time we have successfully navigated many difficult economic periods in our nation’s history. Through the personalized service of financial services representatives located in our nationwide network of offices, First Investors uses a face-to-face approach to offer a range of products and services, including mutual funds, annuities and life insurance. Our representatives understand the cyclical nature of the markets, and work closely with clients to establish a disciplined approach to achieving long-term financial goals.

For more information on any First Investors fund, you may obtain a free prospectus by calling (800) 423-4026; writing to First Investors Corporation, 110 Wall Street, New York, NY 10005; or visiting the website www.firstinvestors.com. You should consider the investment objectives, risks, charges and expenses of the fund carefully before investing. The prospectus contains this and other information about the fund, and should be read carefully before investing. An investment in a fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. Past performance is no guarantee of future results.

First Investors Corporation
Executive Office
110 Wall Street
New York, NY 10005
(800) 423-4026
www.firstinvestors.com

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