We know you’ve received a lot of information on this already but we wanted to be sure you were aware of our CARES Act resources that serve as a quick reference guide for key topics like:
On a separate note, we’re starting to receive numerous inquiries from financial advisors and plan sponsors who are considering switching from their incumbent TPA to TRA. The motivating factors have been:
- Sustainability and operational contingency of their current TPA
- Inadequate client service model during times of increased confusion and change
- Cost of upcoming amendments and mandatory restatements
As always we are here to assist you where needed. Please let me know if you would like to discuss any of these items in greater detail.
Stay safe and healthy!
The Retirement Advantage, Inc. (TRA)