• PRESS RELEASE – The Retirement Advantage Expands Western Sales Staff
    May 26, 2020 - Retirement Plan Sales Vet Joins The Retirement Advantage APPLETON, WI (May 26, 2020) – The Retirement Advantage, Inc. (TRA), an independently owned, industry-leading national retirement services company, today announced the hiring of Pam Mayer as their latest Regional Sales Consultant, covering a territory that includes Arizona, S. California, Hawaii, New Mexico and Nevada.  Mayer will report to her predecessor, Darin Erdmann, TRA’s National Sales Manager.... Continue
  • Addressing GenY Barriers to Retirement Savings
    May 26, 2020 - Employers tend to direct retirement education toward those who will soon exit the workforce — Baby Boomers and Gen Xers. That makes sense considering the nearness of retirement for those groups. But it’s the Millennials who now make up the largest constituency in the American workforce, at one out of every three workers. And it seems they need a little help when it comes to... Continue
  • How The Retirement Advantage Shifted 70 Employees to Remote Work In One Week During the COVID-19 Crisis
    May 22, 2020 - By Leah Westfall – RingCentral For a big, national organization, like The Retirement Advantage (TRA), a retirement plan administration company, keeping their employees connected is critically important. With about half of their employees working remotely on a normal basis, they were faced with the challenge of getting the other half transitioned to remotely work as quickly as possible during the early weeks of the COVID-19... Continue
  • Plan Sponsors Ask…
    May 19, 2020 - Question: We’ve been reviewing our plan investment results, and they look pretty good in recent years. We are wondering how they compare to the results in other plans. Can you provide information about that? Answer:  We can give you information gathered by the Employee Benefit Research Institute (EBRI). Since 2016, EBRI has tracked balances of participants in participant-directed plans and delivers the data monthly. (In... Continue
  • Financial Well-Being Makes Retirement More Accessible
    May 12, 2020 - Financial well-being continues to make the list of employer concerns, largely because it is on the minds of employees. Several factors are worrisome for employees, according to their employers, including the rising cost of health care and insufficient retirement savings. The list of employee financial concerns includes stressful personal situations that distract employees’ attention from the work at hand. Thirty-nine percent of employers say that’s... Continue
  • CARES Act Q and A
    May 5, 2020 - Question: As a plan sponsor, I want to offer the CARES Act withdrawal provisions to my participants. How do I do that? Answer: Plan sponsors may, but are not required to, offer COVID-19 related distributions and loan relief. Plan sponsors that wish to implement all or part of this relief should contact their dedicated Client Relationship Manager (CRM) for more details regarding the steps necessary... Continue

Consider TRA's 3(16) Fiduciary Services & Plan Administration

To alleviate the day-to-day administrative burdens of yours or your clients retirement plans.