The new entity unites four of Magner’s retirement industry financial support services under common management. These services are:
- Magner.network’s Deferral+ executive benefit sales enabling service
- Benefitfolio, an executive benefit communication platform
- rollover support for the 401(k), 403(b) and 457 plan markets
- Benefitwire Retirement Plan Administration.
According to a company press release, Magner Retirement Services will operate as a standalone unit alongside Magner.network’s other sales enabling operations in the executive disability, charitable giving, and international benefit markets.
Guerry Magidson has been named President of the new subsidiary.