Sponsor spotlight: ABA Retirement Funds

Plan offered exclusively to law firms


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  • | 12:00 p.m. May 30, 2016
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The Jacksonville Bar Association continually stresses the value of membership, leadership and sponsorship as the ways to grow and strengthen our 2,100-member organization.

But sometimes, we fail to put as much emphasis and importance on sponsorship as we should. After all, it is our sponsoring organizations that often provide the resources that enable us to move forward in a constructive and productive way.

That’s why we will occasionally turn the spotlight onto one of our valued sponsors as a way to let our members know more about the organizations assisting us and to say “thanks” in a small way for all they do to assist The Jacksonville Bar Association.

For instance, take the ABA Retirement Funds, which stepped up to sponsor our annual Law Day luncheon earlier this month.

The ABA Retirement Funds was established by the American Bar Association a half century ago as an ABA member benefit program available exclusively to ABA members. It has a long and distinguished history of delivering high-quality, low-cost retirement plans to the legal community.

“Our commitment is to deliver a retirement plan that provides superior service, fiduciary oversight, and a diverse selection of investment options while saving your firm time and money,” said Jennifer L. Kranz, a regional vice president for Voya and responsible for distribution of the ABA Retirement Funds Program.

The Program takes a bundled approach that allows its member firms to maintain focus on the success of the practice, not on distracting retirement issues that can be better handled and managed by the ABA Retirement Funds Program.

It provides each member firm with record-keeping, tax reporting, compliance, investment management and participant communication services. All of these services come from a single source at no additional cost to the firm.

In addition, the ABA Retirement Funds Program delivers its benefits from a not-for-profit corporation that ensures pricing efficiencies flow to the benefit of participants.

The Program can manage your firm’s liability with fiduciary oversight that is supervised by its board of directors and Mercer Trust Co.

The plan has been providing affordable 401(k) plans for 50 years. It offers no out-of-pocket expenses, professional fiduciary services, a broad range of investment options and full-service administration.

With the ABA Retirement Funds Program, firms are relieved of the investment selection and investment monitoring process while receiving a customized, diversified fund line-up designed to meet the needs of every type of participant.

Finally, the ABA Retirement Funds Program will simplify the complexities associated with administering and participating in a retirement plan while leveraging its size to bring all of these services to each law firm it represents.

So, Jacksonville Bar Association members, let’s salute the ABA Retirement Funds as our featured sponsor.

 

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