The Retirement Advantage, Inc. (TRA)

SECURE 2.0 has revolutionized the retirement planning game with a major overhaul of regulatory frameworks. Dive into the details with our breakdown of key changes, offering quick insights into the transformative amendments. Need to brush up on the impactful shifts brought about by this legislative update? Click Here: https://hubs.ly/Q02Gt2PT0 #SECURE2.0 #RetirementRevolution #FinancialFreedom

"Retirement is not the end of the road. It's a new beginning, the start of the best years of your life." - Jane Bryant Quinn Quinn encourages a positive outlook on retirement, viewing it as an opportunity for personal growth, fulfillment, and pursuing long-held dreams and passions. Need to review what retirement plan option(s) might best-tailor to you and/or your clients' unique goals and objectives? Click Here: https://hubs.ly/Q02F2kpG0 #RetirementPlanOptions #WisdomWednesday #TheAdvantageIsYours

Starting September 23, investment professionals who hold themselves out as trusted advisers will be required to act as fiduciaries — that is, they can’t place their interests ahead of the investor — when clients pay them for advice on 401(k)s, IRAs, and similar types of qualified retirement plans. The changes close loopholes that made it easier for many investment professionals to avoid fiduciary status — including, for example, when workers roll over their savings from a 401(k) plan to an IRA. Click Here to View Full Article: https://hubs.ly/Q02F8szF0 #DOL #FiduciaryRule #FYIfromTRA

#TheAdvantageIsYours when you partner with #TRAexperts like Regional Plan Consultant, Chase Meitler. Meitler has worked in the financial services industry for 5+ years with a focus in retirement plans. He has worked for some of the largest recordkeepers and has a keen sense of the business. He is responsible for creating successful partnerships via the marketing and distribution of TRA services to Financial Advisors, Retirement Plan Wholesalers and Plan Sponsors in CO, MT, ND, NE, SD, and WY. Have a question or need to get in touch with Chase? Scroll to the bottom of the following link, then complete the Request for Proposal section to submit your inquiry. https://hubs.ly/Q02F7VN10 #TRA #Sales #RetirementPlan #Consultant

#InCaseYouMissedIt: Take a look at our TRA Q3 Newsletter of 2024! To access, click here: https://hubs.ly/Q02Gpv8V0. We enjoy bringing you the latest news in retirement administration and regulation. While you're on our Newsletters page, don't forget to subscribe so that you don't miss out on our latest releases! Get industry news and other important announcements delivered directly to your inbox. Just fill in your information via the same link above and Subscribe! #Newsletter #PlanSponsors #Subscribe #ICYMI

Catch up on this week's #CaseOfTheWeek: Tax Withholding and Roth Conversions A recent call with an advisor involved the following: “My client executed a large Roth conversion in the fourth quarter of last year and the IRS subsequently notified her that she owed a penalty because of underpayment of estimated taxes. How did this happen and what can she do about the penalty?” To view the highlights of the discussion, click here > https://hubs.ly/Q02GpDmK0 Courtesy of Jenny Kiffmeyer, J.D - Retirement Learning Center #TaxWithholding #RothConversions #TheAdvantageIsYours

People with decision-making power over an employer’s offered retirement plan are fiduciaries to the plan and can be held professionally and personally liable for mismanagement of the plan. These Plan Sponsors face complex fiduciary requirements, as well as pressure to provide an optimal plan experience at a reasonable cost. Sound like a lot of hassle and responsibility? That’s where we come in! Achieve reduced administrative burden with the help of TRA’s 3(16) Fiduciary Services! Click Here: https://hubs.ly/Q02yV6MM0 #Fiduciary #Friday #TheAdvantageIsYours

🧐 Which path is best for you? 🧐 TRA provides two game-changing enhancement options for our fiduciary services lineup! Designed with our valued clients in mind, these fiduciary service options offer even greater flexibility to meet diverse needs and preferences of plan sponsors. OPTION 1. 3(16) Core Fiduciary Services: A brand-new version catering to plan sponsors seeking support exclusively for Form 5500 filings and distribution processing. OPTION 2. 3(16) Enhanced Fiduciary Services: Perfect for plan sponsors desiring our comprehensive range of fiduciary services. Unsure on which option fits better for you? View full detailed breakdown here: https://hubs.ly/Q02BylRB0 With this dual-service approach, we empower plan sponsors to choose the model aligning best with their financial goals and servicing preferences. Elevate your fiduciary experience with TRA! #FiduciaryServices #FinancialFlexibility #TRAEnhancements

"The best way out is always through." - Robert Frost Frost's quote reminds us that facing challenges head-on is often the most effective approach. When it comes to retirement planning, it's essential to confront financial obstacles, uncertainties, and complexities directly, rather than avoiding or procrastinating. By navigating through the planning process with determination and perseverance, individuals can pave the way for a more secure and fulfilling retirement journey. Need to review what retirement plan option(s) might best-tailor to you and/or your clients' unique goals and objectives? Click Here: https://hubs.ly/Q02F2jvQ0 #RetirementPlanOptions #WisdomWednesday #TheAdvantageIsYours

#PlanSponsorsAsk - Growing Percentages of Plan Assets in Target Date Fund Offerings The Question: "Over the past year, we’ve seen a growing percentage of our plan assets invested in our target date fund offerings. How does this trend compare with the industry overall?" The Answer: https://hubs.ly/Q02F8cSH0 #RetirementPlans #PlanSponsorsAsk #TheAdvantageIsYours