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The Retirement Advantage, Inc. (TRA)
Financial Services
Port Washington, WI 5,443 followers
The Advantage is Yours!
About us
As a national retirement services company, The Retirement Advantage (TRA) provides third party administration and fiduciary services to plan sponsors, financial advisors, wealth managers and businesses of all sizes. Our commitment to providing expert consultation, resources and exceptional customer service has positioned TRA as one of the largest, privately held third party administrators in the nation. We proudly serve more than 11,000 plan sponsors with more than $13 billion in retirement assets under our administration. You can count on us to deliver on time, on budget and with precise attention to detail. Our Vision: As an industry-leading retirement plan solutions provider, TRA will assist our plan advisors and plan sponsors in meeting their unique plan design goals, while building on our reputation for proactive plan consultation and exceptional customer service. Our Mission: It is the mission of TRA to assist in implementing and administering customized retirement plan solutions for small, privately held business owners and their employees that meet and exceed their retirement plan goals. Our friendly, knowledgeable and professional staff partners with best-in-class plan providers and plan advisors to ensure our plan sponsors receive the maximum benefit from our combined expertise, advanced resources and exceptional attention to detail. Engaging with TRA’s content and communications, such as through website forms, emails, newsletters, and social media, will effectively opt you in to periodically receive future communications and valuable information. These updates may include electronic newsletters, notifications, educational marketing materials, and more, covering retirement plans, planning, and legislative industry updates. To fully ensure your interest in receiving such TRA content, visit https://tra401k.com/content-opt-in.
- Website
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http://www.tra401k.com
External link for The Retirement Advantage, Inc. (TRA)
- Industry
- Financial Services
- Company size
- 201-500 employees
- Headquarters
- Port Washington, WI
- Type
- Privately Held
- Founded
- 1996
- Specialties
- Third Party Administrator, Retirement Plan Solutions, Defined Contribution Plan Administration, Defined Benefit Plan Administration, Flexible 401(k) Plan Design, Cash Balance Design, Compliance, Testing, Consultation, and Customer Service
Locations
Employees at The Retirement Advantage, Inc. (TRA)
Updates
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Catch up on this week's #CaseOfTheWeek: Life Insurance In Qualified Plans In a recent call with an advisor, the following was asked: “I have heard that sponsors of qualified retirement plans can offer life insurance as a type of investment within the plan. If that is true—what are the requirements to do so?” To view the highlights of the discussion, click here > https://hubs.ly/Q02S9fP50 Courtesy of Jenny Kiffmeyer, J.D - Retirement Learning Center #RetirementPlans #LifeInsurance #TheAdvantageIsYours
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Attention Advisors! Leap in front of the competition in the market of Cash Balance Plans with this FREE E-Book for Advisor Success! Want to help your successful business owner clients save more for retirement while cutting down personal and business income taxes? Learn how to add a Cash Balance Plan to their company's 401(k). Download Here > https://hubs.ly/Q02PczHq0 #eBook #Advisor #Success #Retirement #TRA #TheAdvantageIsYours
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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/Q02Pcw4d0 #Fiduciary #Friday #TheAdvantageIsYours
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Cybersecurity Central - DOL Guideline #11: Implement strong technical controls in accordance with best security practices. The DOL's Employee Benefits Security Administration (EBSA) has issued twelve points for cybersecurity risk mitigation in the retirement industry. Follow along as we identify each of the guidelines, as well as what we do to align with them! Addressing Guideline #11: TRA utilizes documented security configuration baseline standards which establish the controls required to safeguard operating systems, software, network, and cloud to “harden” these systems against cyberattacks. These standards leverage the Center for Internet Security (CIS) Benchmarks, National Institute of Standards and Technology (NIST), or other relevant industry guidelines. TRA applies a “defense-in-depth approach” to protect sensitive, nonpublic information. Learn how your data is protected by TRA’s technical controls! Learn more: https://hubs.ly/Q02NHQdp0 #Cybersecurity #DefenseInDepth #DataProtection #TRA #TheAdvantageIsYours
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Elevate Your Expertise! 🚀 Join our Complimentary CE Credit Webinars tailored for retirement plan advisors! Dive into virtual industry-related content with our knowledgeable and friendly TRA Regional Plan Consultants and Subject Matter Experts. Gain valuable advice, guidance, and perspectives designed to perfectly align with your business and advisory team's needs. Click Here to View the Official Upcoming Schedule: https://hubs.ly/Q02NHPTq0 Ready to expand your horizons? Our webinars can help you increase access to new client relationships, identify fresh sales opportunities, and ultimately win new business. Let TRA's webinars be your catalyst for success in the ever-evolving world of retirement planning! 🌟 #CECreditWebinars #RetirementPlanning #SuccessJourney
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GO FOR GOLD WITH OUR 2024 SALES SPRINT! Now through December 31, 2024, we’re waiving our Set Up and Conversion fees for all Defined Contribution Plan sales. On average, this results in a reduction of 40% of our standard year-one administrative fees. Sprint full speed ahead with your plans - the winner's podium awaits! To learn more about the program and how we can help your clients save, click here > https://hubs.ly/Q02RX9yz0 #YearEnd #SalesPromo #TheAdvantageIsYours
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"It's not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for." - Robert Kiyosaki. Kiyosaki emphasizes the importance of financial education and strategic investing. Building wealth isn't just about earning a high income but also about managing and growing your money effectively to secure your retirement and leave a legacy for future generations. 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/Q02N5G__0 #RetirementPlanOptions #WisdomWednesday #TheAdvantageIsYours
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For years, a major barrier to the efficient operation of many 401(k) plans has been the working relationship between the plan’s advisor and its third-party administrator (TPA). When the advisor/TPA partnership is effective, it is characterized by a clear understanding of roles and expectations, dedication to smooth, compliant plan administration, and a plan design tailored to the sponsor client’s needs and goals. Click Here to View Full Article: https://hubs.ly/Q02PpK2_0 Original Article with additional context credited to NAPA: https://hubs.ly/Q02PpKrl0 #TPA #Partnerships #RetirementPlans #FYIfromTRA
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We would like to recognize all of our great working anniversaries for the month of October! Here's to our continued growth and development! Connect with someone in-the-know at TRA: https://hubs.ly/Q02RFBqY0 #TRAgrows #October #Anniversary