"The compliance requirements for offering 401(k) are complex, and that burden prevents many small businesses from offering 401(k) to their employees. We were looking for a way to mitigate that responsibility for the small business clients our Payroll Relief users serve," said Dr. Chandra Bhansali, co-founder and CEO of AccountantsWorld. "After a lengthy and extensive due diligence process, we chose to partner with TAG and Transamerica because of their exemplary service and commitment to offering best-in-class retirement solutions."
With more than 30 years' experience, AccountantsWorld is the leading provider of cloud-based solutions for accountants. AccountantsWorld offers a complete, integrated suite of innovative accounting, payroll, and practice management solutions that help accountants work collaboratively with clients to foster greater client loyalty and improve practice bottom lines. AccountantsWorld is also the only leading cloud solutions provider that puts Accountants First™ by never competing with accountants or selling services directly to their clients. For more information about any of the AccountantsWorld cloud-based solutions, please visit www.accountantsworld.com or call 1-888-999-1366.
About TAG Resources, LLC
Since 2002, TAG Resources, LLC, headquartered in Knoxville, Tennessee, has created forward-thinking retirement plan solutions and technology-driven successes in the retirement services industry to 401(k) plan sponsors. TAG first provided professional plan fiduciary service and aggregation of plan investments for small and medium 401(k) plan sponsors through use of the multiple employer plan (MEP) model, where unrelated employers could establish and co-sponsor a more robust single retirement plan. Then, TAG created the OpenMEP® concept to leverage cost, provide a better service model, and provide fiduciary protection. In 2011, as an advocate for our plan sponsors and participants, TAG requested the Department Of Labor (DOL) review The OpenMEP® model. In 2012, as a response to the DOL's Advisory Opinion Letter, TAG made adjustments to bring forth a new service model. The TAG Program's internal structure changed slightly, but the client experience, fiduciary protection, and ease of administration remained the same while adding new advantages of flexible pricing options able to accommodate plans of all sizes.
About Transamerica Retirement Solutions
Transamerica Retirement Solutions, LLC (Transamerica Retirement Solutions) is a leading provider of customized retirement plan solutions for small to large organizations.
Transamerica Retirement Solutions partners with financial advisors, third party administrators, and consultants to cover the entire spectrum of defined benefit and defined contribution plans, including: 401(k) and 403(b) (Traditional and Roth); 457; profit sharing; money purchase; cash balance; Taft-Hartley; multiple employer plans; nonqualified deferred compensation; and rollover and Roth IRAs.
Transamerica Retirement Solutions helps more than three million retirement plan participants save and invest wisely to secure their retirement dreams. For more information, please visit transamerica.com.
Phone: (646) 756-3709
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