Products November 9, 2009
Mutual of Omaha Adds 457(b) Retirement Solution
November 9, 2009 (PLANSPONSOR.com) - Mutual of Omaha has added a 457(b) retirement platform to its lineup of retirement solutions.
Reported by Nevin E. Adams
Underwritten by Mutual of Omaha affiliates United of Omaha Life Insurance Company and Companion Life Insurance Company, the new 457(b) retirement solution includes the following:
- a comprehensive lineup of investment options, including risk-based and time-based asset allocation portfolios, individually managed account options and a self-directed brokerage account with access to unlimited fund choices
- fiduciary support, including product-level investment oversight, plan-level guidance from third party experts and participant-level professionally managed account options
- recordkeeping and plan administration support, including online access to plan data, installation and conversion support, ability to work with a range of payroll formats, contribution and distribution processing, quarterly reporting, custodial and trust services and 1099-R services
- tax compliance and plan document support by RSM McGladrey, Inc., a national TPA specializing in 457(b) plans
- ongoing customer service and education, including enrollment support, a dedicated relationship manager, 24-hour plan access and online services
More information is available at www.getretirementright.com
You Might Also Like:

Non-Profit and Governmental Plan Sponsors Wanted for IRS Committee
The Internal Revenue Service is seeking applications for vacancies on the Advisory Committee on Tax Exempt and Government Entities.

(b)lines Ask the Experts – Which Rules for 457(b)s Must Church Plans Follow?
“I read with great interest a recent Ask the Experts column in which you discussed the differences between governmental 457(b)...

(b)lines Ask the Experts – Differences in 457(b) Plans for Different Entities
“What are the primary differences between a 457(b) plan of a private tax-exempt organization and a governmental 457(b) plan?”