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.You Might Also Like:
Judge Rules for Molina, flexPATH in ERISA Case
The District Court judge cited broad indexes as the appropriate benchmarks for plan TDFs in a ruling expected to be...
IRA Assets Climb to $13T, With Rollovers Fueling Growth
The ICI’s annual IRA report shows financial professionals continue to be the primary source for rollover advice, staying well ahead...
Senate Committee Advances Julie Su’s DOL Nomination—Again
Su advanced to the full Senate by an 11 to 10 vote for the second time in almost a year,...
« Perspective: Deferred Compensation—A Basic and Growing Need