Unleashing the Power of the Target Advantage
to Work for Your Goals
"If you think it is expensive to hire a professional, wait until you hire an amateur." — Red Adair
Welcome to Target Retirement Solutions, a leading professional financial services group with a remarkable legacy spanning over 60 years.
Discover the Pooled Plan Advantage
Curious about what a pooled plan entails? Allow us to shed light on this innovative approach and explain how recent legislative advancements, such as the SECURE Act, have made them more accessible than ever before.
A pooled plan, such as a Multiple Employer Aggregation Program (MEAP), is a retirement plan that allows multiple unrelated employers to join together and offer a single plan to their employees. It provides smaller businesses with an opportunity to access the benefits of a well-structured retirement plan without the burden of individual plan administration.
The Setting Every Community Up for Retirement Enhancement (SECURE) Act, passed in 2019, introduced significant changes that make pooled plans more appealing and easier to offer. Here's how the SECURE Act has enhanced the landscape of pooled plans:
By making pooled plans more accessible and reducing administrative complexities, the SECURE Act aims to encourage broader retirement plan adoption and improve retirement readiness for employees across various industries and organizations.
At Target Retirement Solutions, we recognize the transformative potential of pooled plans and the advantages they bring to both employers and employees. With our knowledge and dedication, we can help navigate the intricacies of pooled plans and assist businesses in offering a robust and efficient retirement solution for their workforce.
Passion and Commitment
At Target Retirement Solutions, our team is driven by a passion for excellence and a deep understanding of the intricate world of financial services. We invite you to explore our "About Us" page to learn more about our organization, values, and the knowledge we bring to the table.