TRA MAKES NEWS HAPPEN

• ▾

  Plan Sponsors Ask…

  June 25, 2019 - Q: When moving our office, we came across some old retirement plan records. That sparked a conversation about what we need to keep with regard to our 401(k) plan. Can you provide any guidance? A: Just as you do with your personal income tax documents, you need to maintain records related to the plan. This is for a couple of reasons, one of which is... Continue
• ▾

  Three Reasons Why Baby Boomers Are In (Serious) Retirement Trouble

  June 18, 2019 - by John Sullivan – 401k Specialist A new survey reports the disturbing finding that almost half of Baby Boomers, a demographic of 78 million people, have nothing saved for retirement. As a result, the Insured Retirement Institute (IRI) understatedly says, retirement anxiety is growing, and many are postponing retirement. Even worse, many Boomers are underestimating the amount of annual retirement income they may need and hold unrealistic expectations of the... Continue
• ▾

  TRA’s John Markley Goes To Washington for ARA and GAC Meetings

  June 13, 2019 - Recently, TRA’s John Markley was in Washington DC attending ARA (American Retirement Association) and ASPPA GAC (Government Affairs Committee) Meetings in DC – June 8 to June 11, 2019. Below is a summary of what he learned: ASPPA has a great relationship with governmental agencies and with Senators and representatives and their staff and these meetings showed the benefit of the relationships. ASPPA is thrilled... Continue
• ▾

  The Retirement Advantage Welcomes Two New Regional Sales Consultants

  June 11, 2019 - Industry Veterans Bryan Foard and Jeremy Noland Support Regional Development APPLETON, WI (June 11, 2019) – The Retirement Advantage, Inc. (TRA), an industry-leading national retirement services company is pleased to welcome Bryan Foard and Jeremy Noland to their Regional Sales Consultant team, reporting to Jeff Schreiber, TRA’s Director of Sales. Both will be tasked with partnering with financial advisors and wholesalers, in their respective territory, to... Continue
• ▾

  Plan Sponsor’s Quarterly Calendar

  June 11, 2019 - Being a retirement plan sponsor involves juggling many tasks, one of the more important being to make sure your plan complies with all pertinent federal and local regulations. A compliance calendar keeps track of your company’s required filings, their due dates and related details so you can avoid incurring any fines or other penalties for late filings or missing information. For more information, click here... Continue
• ▾

  403(b) Plans Should Get Ready for IRS Initiatives

  June 4, 2019 - The agency has indicated it will launch audit initiatives regarding 403(b) plan compliance this summer; the remedial amendment period and other IRS-provided relief can help plan sponsors prepare. By Rebecca Moore – PLANSPONSOR According to a blog post by Paul M. Hamburger with Proskauer Rose LLP, IRS officials have recently indicated that the agency expects to launch audit initiatives this summer targeting 403(b) plan compliance. 403(b)... Continue