Omaha, Neb. – (February 26, 2008) Mutual of Omaha is now offering plan sponsors more flexibility for their retirement plan administration through a retirement platform that seamlessly integrates with existing Third Party Administrators.
The new Third Party Administrator (TPA) solution provides plan sponsors with access to Mutual of Omaha’s comprehensive menu of investment options, recordkeeping services, participant education programs and personalized customer service, while allowing the TPA to handle testing and reporting functions.
“We understand that plan sponsors are looking for flexible options when it comes to their retirement plans,” said David Ahrendt, vice president of Retirement Services at Mutual of Omaha. “Whether they need a full-service plan or a TPA solution, Mutual of Omaha offers the choice and flexibility that help make plan administration easy to navigate and seamless for plan participants.”
Mutual of Omaha’s TPA solution is designed to provide next-generation services to TPAs, including loan amortizations and tracking, vesting calculations and 1099R reporting – in addition to the all of the standard services offered by a typical TPA model product.
For more information about Mutual of Omaha’s Retirement Services and the new TPA solutions, visit www.getretirementright.com.
Mutual of Omaha is a full-service, multi-line provider of insurance and financial services products for individuals, businesses and groups throughout the United States. Founded in 1909, Mutual of Omaha and its affiliate companies are ranked among the Fortune 500.
