Here on the ADMIN blog, we have a number of discussions surrounding 403(b) Plans. The reason for this is because this is our niche. While we do work on other retirement plan types, 403(b) is our ‘sweet spot’ and is where a lot of our expertise lies. With this being said, we wanted to share a little more about 403(b) plans and who actually qualifies for this type of Plan. Part Two of the series looks into who qualifies for a 403(b) Plan and some ...
Search Results for: who uses a 403(b)
WHO USES A 403(b) PLAN – PART ONE
Here on the ADMIN blog, we have a number of discussions surrounding 403(b) Plans. The reason for this is because this is our niche. While we do work on other retirement plan types, 403(b) is our ‘sweet spot’ and is where a lot of our expertise lies. With this being said, we wanted to share a little more about 403(b) plans and who actually qualifies for this type of Plan. Part One of this series takes a step back and defines what exactly a 403(b) ...
A 403(b) GUIDE FOR CHARTER SCHOOLS
In our recent ‘Who Uses a 403(b)’ series on the blog (which you can view here), we briefly touched on public schools. The realm of public education once held the number one spot when it came to 403(b) plans and in fact, up until 5 years ago, a majority of the work ADMIN did was for public schools. Over the years, the scope of 403(b) Plans has broadened; however, public education still holds a sweet spot in the world of 403(b) Plans. For the most ...
INDUSTRY INSIGHTS: COMMON REMITTANCE
If you have followed along on the ADMIN Partners blog, it’s likely that you have heard us use language specific to the retirement planning industry. However, we realize that not all of our audience is an expert when it comes to the retirement market. With that in mind, we wanted to share some insights on terms that you might hear us, as well as other retirement firms, toss around in conversation. This week we are exploring common remittance. ...
ADMIN’S FOCUS: SAVING PLAN SPONSORS TIME
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 of ...
ADMIN’S FAQ SERIES: PART THREE
Here at ADMIN, we receive a generous number of questions from a variety of people within the retirement planning industry. Whether its financial advisors looking for education on upcoming regulation changes or potential clients trying to learn more about who we are, the demand is there and we are always willing to help. For some time now, we have considered creating a FAQ for our blog, which we thought could be used as a reference for some of ...
IRS AUDIT HOT BUTTONS: PART TWO
The threat of an IRS audit can often send a Plan Sponsor into panic mode. This is especially the case for plans in the tax-exempt and government markets. For years these types of retirement plans went without many guidelines and were able to stay ‘under the radar.’ However, in the past 10 years a lot has changed for these retirement plans. New regulations from the IRS (including the upcoming 2020 deadline for the pre-approved prototype document) ...
BEHIND THE SCENES: ADMIN’S OPERATIONS PART 1
Recently, we have been sharing a lot of industry insights on the blog as they relate to 403(b) Plans and the role that a TPA like ADMIN plays. This week we want to shake things up a bit and take you inside the operations of ADMIN Partners. There are a few departments within our Operations Team, all of whom work diligently to keep our Plans in compliance. Each department is focused on creating lasting relationships with the plans sponsors and ...
ADMIN PARTNERS @ THE PA STATE COLLEGE ADVISOR MEETING
On May 3, 2018 ADMIN’s Sales Manager, Greg Verna, traveled up to State College, Pennsylvania to present an educational workshop to advisors working with Horace Mann. Greg started the presentation by introducing the advisors to ADMIN Partners and the services that we provide. After a brief history on the company and an overview of where we are in the industry today, Greg opened up a conversation on the recent updates to the IRS rules and ...
