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Products April 12, 2011
Software Company Offering DB(k) Document
ftwilliam.com, a provider of integrated Software as a Service (SaaS) solutions for third-party administrators (TPAs) and others in the retirement industry, is introducing a DB(k) document.
Reported by Rebecca Moore
The DB(k) document combines a 401(k) document and either a cash balance or a defined benefit document into one plan. ftwilliam.com says it meets the compliance needs of corporations, businesses and employers.
“The combined DB(k) document is definitely an industry trend right now and after listening to our customers, we’re excited to be the first to offer this unique plan,” said Tim McCutcheon, General Manager of ftwilliam.com. “As DB(k) plan safe harbor compliance becomes more popular with businesses, ftwilliam.com is in position to support customers with the new DB(k) wrap option.”
The new DB(k) “wrap” document is available in the ftwilliam.com retirement plan document package. More information is at http://www.ftwilliam.com/productPlanDoc.html.« Perspective: Deferred Compensation—A Basic and Growing Need