Monthly Archives: February 2022

Changing TPAs, “don’t go into business for yourself”

Changing third-party administrators (TPAs) isn’t fun. If you have to for it, do it. However, you need to coordinate with the new TPA with the entire conversion process. TPAs are greater experts at the conversion process than you are, so … Continue reading

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ARA sues NIPA

Litigation isn’t fun, but there are times when you have to sue to protect your rights. The American Retirement Association recently had to sue the National Institute of Pension Administrators (NIPA) for a trademark violation of Accredited 401(k) Administrator. As … Continue reading

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401(k) plans more costly than DB plans? Only if you look one way

I like when people state the obvious, but the concept is way over their head. The National Institute on Retirement Security did a study that states that a typically defined benefit plan has a 49 percent cost advantage compared to … Continue reading

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