Trans and Cetera role out PEP

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

Transamerica announced that it’s partnering with Cetera Financial Group to launch a new pooled employer plan (PEP), the Cetera Advantage(k) GPS. The PEP is designed for small and midsize businesses and will be available only through Cetera-affiliated advisors.

Transamerica will serve as the record keeper for the plan, while Cetera Retirement Plan Specialists, a third-party administrator owned by Cetera, will serve as the pooled employer plan.

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.

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