If you manage or practice in a legal-aid clinic or other type of not-for-profit law setting, you may think a tax-deferred savings plan isn’t available to you. But that’s not the case – the Internal Revenue Code offers a variety of retirement plan types that may allow you to sponsor a cost-effective retirement plan for you and your colleagues.
The ABA Retirement Funds Program (“Program”) is pleased to offer our robust retirement plan solutions at our best available pricing to all legal aids, not-for-profit organizations and other 501(c)s.
Our people are passionate about helping the legal community. Through the unique culture created between the ABA Retirement Funds and the strength of its Program providers, we aspire to help law firms, lawyers and legal professionals attain their financial goals.
Plan Types Offered
Our unique Program offers a full-service solution for the following plan types:
- 401(k) plan
- Solo 401(k) plan
- Safe Harbor 401(k) plan
- Profit Sharing plan
- Cross-Tested plan
- Social Security Integration plan
- Defined Benefit plan
- Cash Balance plan
- Money Purchase Pension plan
Getting Started is Fast and Easy
Our team will work with you to complete a simple, four-step process:
- Find out more about the Program
- Create or enhance your plan
- Participant education and enrollment
- Begin contributions
If you are starting a new plan, your set-up process ends here and your plan setup can be completed in as little as two weeks. If you have an existing workplace retirement plan, we offer a streamlined process to ensure a smooth and successful transfer of your existing plan assets and records.
Consider the ABA Retirement Funds Program
Contact us today to learn more about our pricing and process to set up a plan your 501(c). The ABA Retirement Funds Program (“Program”) is a not-for-profit corporation that brings together over 4,000 law firm retirement plans to offer a platform of investments and a service package that is typically available to only the largest of corporate retirement plans. With over $7 billion in assets, the Program leverages its size to offer you some of the largest and best-known financial services providers in the industry.
This information is for educational purposes only; it is not intended to provide legal, tax, or investment advice. All investments are subject to risk. Please consult an independent tax, legal, or financial professional for specific advice about your individual situation. Each business must consider the appropriateness of the investments and plan services offered to its employees.
The ABA Retirement Funds Program is available through the American Bar Association as a member benefit.
Voya Financial Partners is a member of the Voya family of companies (“Voya”). Voya, the ABA Retirement Funds, and the American Bar Association are separate, unaffiliated entities, and not responsible for one another’s products and services.
Voya Financial Partners and Voya Institutional Plan Services, LLC, are members of the Voya family of companies (“Voya”). Voya and the ABA Retirement Funds are separate, unaffiliated entities, and not responsible for one another’s products and services.
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