When you choose a retirement plan for your firm, you want flexibility in plan design that addresses your needs as a plan sponsor, as well as the needs of your plan participants. Whether establishing a new plan or converting your existing plan, the ABA Retirement Funds Program (the “Program”) allows you the options and flexibility you require. This guide is intended to assist you in understanding some of your basic plan design options under the Program. For more information and additional plan design options please click here.
Profit Sharing Plan
Employer Driven: Typically used when the firm seeks flexibility in making contributions.
Tax deductible contributions.
Contributions can be discretionary and are not required every year.
Employee Driven: Typically used when the firm seeks to offer an employee funded benefit.
401(k) is a feature of a profit sharing plan.
Contributors are funded primarily by participants and their contributions are 100% immediately vested.
Contributions can be matched by the employer.
Safe Harbor plans available.
Morning Star Pages
Please click here to view the latest Morningstar® Investment Profiles
Please read the Program Annual Disclosure Document (April 2017), as supplemented (July 2017), carefully before investing. This Disclosure Document contains important information about the Program and investment options. Contact us at: firstname.lastname@example.org.
Voya Financial Partners, Voya Retirement Advisors, Voya Financial Advisors are members of the Voya family of companies (“Voya”). Voya, the ABA Retirement Funds, Mercer Trust Company, TD Ameritrade, and state and local bar associations are separate, unaffiliated entities, and not responsible for one another’s products and services.