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Products February 26, 2008
Mutual of Omaha Puts Out TPA Service
February 26, 2008 (PLANSPONSOR.com) - Mutual of
Omaha is now offering plan sponsors a retirement platform
that integrates with existing third party administrators.
Reported by Fred Schneyer
The new third party administrator (TPA) solution provides plan sponsors with access to Mutual of Omaha’s menu of investment options, recordkeeping services, participant education programs, and personalized customer service, while allowing the TPA to handle testing and reporting functions, the company said in a news release.
Mutual of Omaha’s TPA solution provides TPAs
with loan amortizations and tracking, vesting
calculations, and 1099R reporting – in addition to the
all of the standard services offered by a typical TPA
model product.
“We understand that plan sponsors are looking for
flexible options when it comes to their retirement
plans,” said David Ahrendt, vice president of
Retirement Services at Mutual of Omaha, in the release.
More information is available at
www.getretirementright.com
.