For those working in the world of retirement planning, the differences between a 401(k) and a 403(b) Plan are obvious. However, there are many people outside of the financial services industry who are less aware of what each plan type means and who qualifies for these different retirement plan options. While the two plan types are similar in how they operate (for instance, both have the same contribution limits), there are some differences in the ...
MONEY
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 ...
FIVE SALES PODCASTS YOU SHOULD LISTEN TO
Podcasts are a simple way to take in both education and inspiration while on the go.Whether you have a long commute to work or need something to keep you entertained on the treadmill, a podcast is a great way to kill time. Almost all podcasts are free and they are hosted on a slew of platforms. They have also become a leading form of marketing for businesses in various industries. Simply put, there is a podcast for everything so no matter what ...
ADMIN’S FAQ SERIES: PART TWO
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 UPDATES: 2019 CONTRIBUTION LIMITS
The IRS has released an adjusted cost of living amount that impacts the dollar limitations for both pension plans and other retirement items for the 2019 tax year. These changes, published in Notice 2018-83, have increased contribution limits to various retirement planning options which allows participants to save more going forward. Here is a quick rundown of the updated limits as it applies to 401(k), 403(b), 457, and IRA Plans. Be sure to ...
ADMIN PARTNERS’ TREND REPORT
When working with financial advisors and Plan Sponsors, we often get asked to share some of our demographic in regards to the clients that we support and the work that we do. With this in mind, we thought it might be fun to share a blog post that showcases the current trends for ADMIN Partners. From our current retention rate to the number of investment providers we currently work with, this post will cover it all. Let's dig in. The ...
YEAR-END EXTENSION DEADLINE APPROACHES
October 15, 2018 is the deadline for the year-end filing extension for retirement plans that are subject to ERISA. With this in mind, our Plan Administration team is working diligently to ensure all of our ERISA clients have submitted their plan data and have signed off on their 5500 filing before the deadline approaches. Below is a quick checklist of our process: If you applied for the 10/15 extension date and have not heard from our Plan ...
ADMIN’S CUSTOMER SERVICE WINS
ADMIN Partners is dedicated to providing quality customer service to all our clients. Our goal is to personalize the experience that clients have with our staff. We do this by maintaining consistent communication and ensuring that everyone knows they can always reach us. Recently members of our Client Service team have received some rave reviews from some of our valued Plan Sponsors. Here’s what they had to say: Our Sales team has also been ...
5 BUSINESS PODCASTS YOU SHOULD LISTEN TO
Podcasts are a simple way to take in both education and inspiration while on the go. Whether you have a long commute to work or need something to keep you entertained on the treadmill, a podcast is a great way to kill time. Almost all podcasts are free and they are hosted on a slew of platforms. They have also become a leading form of marketing for businesses in various industries. Simply put, there is a podcast for everything so no matter what ...
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) ...
FOUR REASONS TO INVEST IN YOUR 403(b) PLAN: PART TWO
Here on the blog we often share insights that help both financial advisors and Plan Sponsors navigate retirement planning. This week we are shaking things up and dedicating the entire week to the people who make up any retirement plan: participants. No matter what type of plan your employer offers, it is important as an employee to know what your benefits are and how those benefits will impact you over time. With this being said, here are two of ...
FOUR REASONS TO INVEST IN YOUR 403(b) PLAN: PART ONE
Here on the blog we often share insights that help both financial advisors and Plan Sponsors navigate retirement planning. This week we are shaking things up and dedicating the entire week to the people who make up any retirement plan: participants. No matter what type of plan your employer offers, it is important as an employee to know what your benefits are and how those benefits will impact you over time. With this being said, here are two of ...
