Over the years, ADMIN Partners has used this blog as a way to educate our community on the services we offer and provide insights into the retirement planning industry. We have also used this platform as a way to examine how retirement planning impacts the various clients that we service. You may have seen us discuss the benefits a 403(b) plan brings to non-profit organizations and even how those working in public education can better plan for ...
RETIREMENT EDUCATION
403(b) BENEFITS: CHURCH & RELIGIOUS ORGANIZATIONS
Over the years, ADMIN Partners has used this blog as a way to educate our community on the services we offer and provide insights into the retirement planning industry. We have also used this platform as a way to examine how retirement planning impacts the various clients that we service. You may have seen us discuss the benefits a 403(b) plan brings to non-profit organizations and even how those working in public education can better plan for ...
ADMIN EDUCATION: REQUIRED MINIMUM DISTRIBUTIONS
If you have been following ADMIN Partners for a while, you know just how deeply we believe in providing people with education on retirement planning. As an independent TPA who specializes in plan compliance and administration, we understand that everyone from Plan Sponsors and Participants to Financial Advisors find value in retirement education. With this in mind, ADMIN’s team is starting the new blog series, ADMIN Education, dedicated to ...
THE CARES ACT
The recent impact of COVID-19 has created stress and uncertainty for both Plan Sponsors and Participants around the state of not only their retirement plans, but their everyday lives. ADMIN Partners understands that it is in times like these that we need to support our clients and partners by helping them navigate the evolving state of the retirement plan industry. ADMIN’s team is committed to providing our clients with continuous education on ...
THE 403(B) DEADLINE IS HERE!
If you have been following along with the ADMIN blog, then then IRS Pre-Approved 403(b) Prototype Plan might sound familiar. As experts in the 403(b) marketplace, ADMIN has spent the past few years educating employers and financial advisors on the prototype and what it means for existing 403(b) retirement plans. This initiative by the IRS has tightened the regulations surrounding 403(b) Plans and has made the option of self-administration ...
ADMIN AT THE 2020 NTSA SUMMIT
The last week of January was a busy one for the ADMIN team, especially for Mark Heisler and National Sales Manager, Greg Verna who attended the 2020 NTSA Summit in Denver, Colorado. The National Tax-Deferred Savings Association (NTSA) is the industry association dedicated to the 403(b) and 457(b) retirement markets. This year, the NTSA offered educational workshops on a variety of technical plan compliance topics as well as business building ...
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 ...
HOW TO ESTABLISH 403(b) PLAN
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 ...
THE DEADLINE IS HERE: UNIVERSAL AVAILABILITY
With a little over a month left in the 2019 year, ADMIN Partners would like to remind our 403(b) Plan Sponsors of their Universal Availability requirement. Time is running out, but we are here 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 approach the end of 2019, ADMIN Partners would like to remind our ...
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 ...
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 ...
