FuturePlan creates aggregated plan with Voya

Ary Rosenbaum - The Rosenbaum Law Firm P.C.
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Ary Rosenbaum - The Rosenbaum Law Firm P.C.

FuturePlan by Ascensus, and Voya Financial are introducing a new Employer Aggregated Plan, called FuturePlan EAP.

This solution which is an aggregated plan, instead of a Pooled Employer Plan will offer employers the ability to ease administrative burdens and limit fiduciary risk while providing retirement plan access to more savers. Voya—will serve as recordkeeper, FuturePlan will be the Third Party Administrator and 3(16) service provider, and LeafHouse will provide 3(38) services.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Ary Rosenbaum - The Rosenbaum Law Firm P.C. | Attorney Advertising

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