Schools, hospitals, and other not-for-profit organizations provide salary deferral programs for employees through section 403(b) plans. The deferral amounts and distribution regulations are similar to corporate 401(k) plans.
Recent changes in legislation have increased the responsibility of the plan provider. While these plans look like 401(k) plans, there are specific nuances and complexities we will help you understand and manage.
Providing the tools to help employees achieve a secure retirement includes the following steps -
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Growing the rate of plan participation
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Increasing salary deferral rates
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Providing quality investment options
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Assisting employees in making better investment decisions
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Helping employees generate income streams in retirement
While keeping our focus on your employees we will help manage your plan and its investment options. In addition to our investment management services, we will help coordinate your plan's recordkeeping and administration functions. We will also help with your newly expanded 403(b) reporting and administration responsibilities.
For more information on our 403(b) plan serivces click here.