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The Independent School Group Retirement PlanReady to take managing your school's 403(b) retirement plan off your ever-expanding to-do list? PAISBOA Member Schools, Colleges, and Universities, in association with MISBO, now have access to The Independent School Group Retirement Plan, a program designed to address unique needs while offering cost efficiencies, simplified administration, and reduced fiduciary burden. This benefit is offered through Transamerica, in partnership with Cafaro Greenleaf - a OneDigital Company. What is a 403(b) Multiple Employer Plan (MEP)? A MEP is a retirement plan for organizations that typically have a common interest but are not commonly owned or affiliated with one another. For schools seeking a cost-effective retirement plan that's easier to administer than a traditional single employer plan, a MEP could be a great option. MEPs provide a better way for schools, referred to as adopting employers, to pool their collective opportunity and gain efficiencies. The MEP sponsor (MISBO) hosts the plan and master contract, relieving adopting employers of extra responsibilities, allowing them more time to focus on their day-to-day business. We invite you to join The Independent School Group Retirement Plan, where you can take advantage of:
For more information, view our downloadable information packet, or reach out to your PAISBOA contacts: Aggie Malter, President & CEO, 484-367-7553 or [email protected] |
