According to a news media announcement, that’s because AICPA has teamed with Nationwide Financial to provide two plan options:
- AICPA Member Retirement Advantage, which will be run by a third-party administrator and will have more than 450 investment options
- Member Retirement Trust, which includes a master plan and trust document overseen by the AICPA Member Retirement Committee, 22 investment options, online account access, and administration by Nationwide.
T. Rowe Price will continue to offer AICPA members IRAs, a ccording to the announcement.
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