By now you know that ADMIN Partners is an expert when it comes to retirement planning. This is especially true for plans that fall into our niche: the tax-exempt and government marketplace. In this arena of retirement planning, we often work with employers who are in the process of establishing a retirement plan for their organization for the first time. These are commonly referred to as ‘start-up’ plans and while they are a familiar territory ...
TPA TOOLS
SINGLE VS. MULTI-VENDOR PLANS
If you have been following our blog for some time, you have heard us talk about the single vs. multi-vendor arrangements available to 403(b) plans. This option is unique to 403(b) plans and can cause uncertainty when employers are establishing a plan for their organization. How do you know which setup works best for your 403(b)? Luckily for employers, there is no right or wrong answer to this question. The decision on which setup you choose ...
IRS ANNOUNCES 2020 CONTRIBUTION LIMITS
One of the most important aspects of retirement planning is saving your money for your future. Of the various ways to do this, investing in a retirement plan is one of the best. So, how much can you save in a retirement plan in 2020? Here’s the breakdown: The IRS has just released the contribution and benefit limits on pension plans and other retirement items for the 2020 tax year. These changes, published in Notice 2019-59, have ...
ADMIN’S LATEST ENHANCEMENT FOR PLAN SPONSORS
ADMIN Partners is committed to helping our Plan Sponsors save time and energy when it comes retirement plan administration. With this in mind, we have created an enhanced web-based process that gives Sponsors an efficient way to submit their Plan's retirement contributions. As a TPA, we understand the amount of time and effort it takes Sponsors to process retirement plan contributions. Considering this, ADMIN has created a system that allows ...
6 REASONS TO INVEST IN A RETIREMENT PLAN
Have you heard? It’s National Retirement Security Week (NRSW) and ADMIN Partners is celebrating this national event by spending the week promoting the benefits of saving for your future retirement. Each year, the NRSW is an opportunity for those working in financial services to bring awareness to others about the importance behind planning for a comfortable retirement. To do this, ADMIN will be sharing six different reasons that you should be ...
6 REASONS TO INVEST IN A RETIREMENT PLAN
Have you heard? It’s National Retirement Security Week (NRSW) and ADMIN Partners is celebrating this national event by spending the week promoting the benefits of saving for your future retirement. Each year, the NRSW is an opportunity for those working in financial services to bring awareness to others about the importance behind planning for a comfortable retirement. To do this, ADMIN will be sharing six different reasons that you should be ...
HOW 403(B) PLANS BENEFIT NON-PROFITS
Recently, ADMIN Partners hosted a webinar for financial advisors that focused on the underserved 403(b) markets. During this conversation, we touched on the topic of 501(c)(3) non-profits and how beneficial a 403(b) retirement plan can be to their organization. It’s unfortunate how often the non-profit marketplace is overlooked when it comes to retirement planning. Whether it be a lack of education on how to properly service the plan or ...
2019’S UNIVERSAL AVAILABILITY REQUIREMENT
As the end of the 2019 year approaches, ADMIN Partners would like to take this time to remind our 403(b) Plan Sponsors of their Universal Availability requirement and what we can do to help! UNIVERSAL AVAILABILITY Each year, the IRS requires 403(b) retirement Plan Sponsors to notify all eligible employees that the Plan is available for their participation. As we enter the last half of 2019, ADMIN Partners would like to remind our Plan ...
ADMIN’S UNIQUE CONSULTATIVE APPROACH
When it comes to TPA’s, there are a number of options for Plan Sponsors to choose from. No matter what type of retirement plan you want to administer, there is a TPA out there for you. With this being said, we wanted to take the time to talk more about ADMIN’s unique approach to retirement administration and how ADMIN Partners stands out amongst the rest. In the past, we have shared a great deal on how ADMIN’s operations vary from other ...
AN INSIDE LOOK AT ERISA
In the past 10+ years, ADMIN Partners has worked with hundreds of retirement plans. With this experience in hand, we have been able to help navigate Plan Sponsors around the rules and requirements that come with ERISA. To this day, we continue to receive questions from Sponsors and Advisors regarding what subjects a 403(b) Plan to ERISA and the responsibilities that come with this label. In order to create a better understanding of ERISA, here is ...
WELCOME BACK TO SCHOOL!
It’s that time again! Back to school time which means school staff and students are getting back into the swing of things. Here at ADMIN, we understand how busy this time of year can be for the school’s administration team. With this in mind, we are sending out a reminder that we are here to help! The beginning of a new school year brings a lot of responsibility for school administrators; one being updates to (or the implementation of) the ...
ADMIN’S FOCUS: SAVING PLAN SPONSORS TIME PT2
One of the things that makes ADMIN Partners unique as a TPA is that we work with a specific selection of clients. Being in the tax-exempt and government markets, we are working with a number of organizations that have a strong focus/mission. From public schools to non-profits, our clients are concentrated on helping others. This means they often have little time (and sometimes limited budgets) to source an employee just for administration ...
