Our TPA clients may recall that back in late 2018, we announced changes to the financial hardship distribution option for 403(b), 401(k), and Governmental 401(a) Plans. These changes, a result of the Bipartsian Budget Act of 2018, will only impact plans that currently permit hardship distributions as part of their plan provisions. It is important to note that the Budget Act of 2018 specifically cites 401(k) plans, therefore, rule changes with ...
TPA
ADMIN AT THE NTSA VIRTUAL SUMMIT
The National Tax-Deferred Savings Association (NTSA) recently hosted their annual Summit via a virtual series of workshops on 403(b) and 457(b) retirement plan education. Our very own CEO, Mark Heisler, was the host of a workshop examining on one of the most frequently asked questions by Financial Advisors... Which ERISA retirement plan is best suited for a 501(c)(3) organization: a 403(b) or a 401(k)? During the session, Mark discussed the ...
3 QUESTION THURSDAY: WES IFAN
As part of our commitment to providing continuous retirement planning education, ADMIN Partners is adding a new series to our blog: 3 Questions Thursday! This series will be an opportunity for ADMIN to introduce you to leading Financial Advisors working in the retirement space. Each month a new Advisor will join us in answering 3 questions that can help Plan Sponsors and Participants better understand how to benefit from their retirement ...
ADMIN EDUCATION: BUNDLED vs. UNBUNDLED
Over the past year ADMIN Partners has used our blog series, ADMIN Education, to share retirement planning knowledge that helps Plan Sponsors, Participants, and Financial Advisors with their retirement plan administration. The series has showcased an array of topics including contribution options like Roth Deferrals as well as insights on complex plan designs for organizations such as churches and religious organizations. The good news is there is ...
2020 CLIENT REVIEWS
2020 had it’s hardships and while ADMIN Partners was not exempt from the impact of the challenging year, overall we had a successful year. Not only did ADMIN welcome a number of new clients, but we reconnected with our existing clients during these uncertain times. Throughout the year, we asked our clients and advisor partners to share their feedback on ADMIN’s teams and the services we provide. This allows us to see where we are doing well ...
A LOOK INSIDE THE ADMIN SOLUTION
ADMIN’s CEO, Mark Heisler, was recently invited to partake in a video case study for one of our clients, the Anglican Church of North America (ACNA). The video was created to detail some of the challenges ACNA faced with their multi-location retirement plan. The organization was operating two separate retirement plans with two recordkeepers and with little operational conformity. ACNA, with this assistance of its retirement plan consultant, ...
ADMIN EDUCATION: HARDSHIPS VS LOANS
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, ...
HAPPY THANKSGIVING
HAPPY THANKSGIVING FROM ADMIN PARTNERS ADMIN Partners would like to wish everyone a very happy and very safe Thanksgiving! In observance of the holiday, our office will be closed on Thursday, November 25th and Friday, November 26th. We will return to the office on Monday, November 30th. We are so thankful for all of our clients and connections as we kick off the holiday season! Want more from ADMIN? Subscribe to our blog for weekly ...
10 QUOTES OF HOPE
ADMIN Partners has a reputation on social media for motivating other people. Whether it be personal development or inspiration in the workplace, our content will have you bursting with ambition. With this, we recently started the 10 Quotes Series; a list of 10 quotes that will inspire you both in and out of the workplace. 10 QUOTES OF HOPE As the year winds down, ADMIN Partners wanted to wrap up this series in a way that gives you a ...
THE ADMIN NEWSLETTER
ADMIN Partners has been an expert in the tax-exempt and governmental retirement industry for over a decade. While we have used this experience to help Plan Sponsors and Advisors across the country, we want to expand our reach. To do this, our team has shared content on our social media platforms along with the content we share here on this blog. Another avenue we have taken is our quarterly newsletter where we share updates on ADMIN Partners as ...
FIVE PODCASTS FOR TOUGH TIMES
2020 has been a challenging year for many people both professionally and personally. With this in mind, ADMIN’s team has been working to include content that keeps our audience inspired and gives a boost of encouragement. We realized that we have not shared anything in our podcast series lately, so we did some digging and found five podcasts that can help anyone who is trying to push through this tough time. Whether you are looking for something ...
THE RIGHT RETIREMENT PLAN FOR YOU
Unlike for-profit companies, those in the tax-exempt space can often have an array of retirement plan types to choose from. Often, when speaking with prospective clients, ADMIN’s team receives an array of questions from employers who are looking to find the plan that is best for them and their employees. With this in mind, we wanted to dedicate a bog post to help those in this unique retirement space determine what plan is right for you and how a ...
