APB Retirement reposted this
Retirement Plan Vocab Day 5! Word Of The Day: Annuity Definition - a form of insurance or investment entitling the investor to a series of annual sums Or put differently - An annuity is akin to a fountain of financial security. You invest a lump sum (purchase price) into the fountain, and in return, it continuously showers you with a steady stream of payments (annuity income), providing a reliable source of water (income) in your retirement desert.
News You Can Use! The IRS proposed regulations build on prior, guidance from IRS on when defined contribution plans, including 401(k) plans, should use any plan forfeitures. #401k #retirement #tpa
Some things to consider before engaging a large payroll provider as the TPA on your company's retirement plan. Great piece by Ary Rosenbaum says it like it is. #401k #retirement #tpa
Excited to part of the AmericanTCS National Partner conference. They have been a key partner of APB Retirement for decades by providing custody and trust services to our retirement plan clients. We couldn't do it without them. #americantcs #401k #retirement
The introduction of Pooled Employer Plans (PEPs) has disrupted the retirement industry, with the number of registered PEPs increasing by 76% between 2021 and 2022. While this poses a threat to some financial advisors, it also presents an opportunity for growth. By understanding the advantages of PEPs and finding the right partner, advisors can thrive in this changing industry.
