Defined Benefit/Cash Balance Plan Solutions As part of Transamerica Retirement Solutions' long-standing commitment to anticipating and fulfilling your evolving needs, we are proud to offer you the following materials to support your client servicing initiatives. Transamerica and its affiliates have been providing Defined Benefit (DB) solutions for over 70 years, and have more than $20 billion in retirement plan assets, including $5 billion in DB plan assets. Servicing over 17,000 retirement plans with over 150 DB plan sponsors, Transamerica and its affiliates have an annual DB client retention rate of 98%.* Transamerica's expertise in the traditional defined benefit (DB) and cash balance plan space allows us to offer clients: - Hundreds of quality investment choices from over 40 leading investment management companies, including Stable Value funds and long-term bond funds available on a mutual fund or separate account platform
- Benefit payment administration services including a payee call center
- The Transamerica Investment Monitor (TIM) is used to help select and monitor investment choices that are made available on Transamerica's investment platform that have a reasonable expectation of providing positive performance over the long term.
Selling DB and cash balance plans may help you: - Leverage DB plans as a great way to pick up 401(k) business.
- Obtain increased and expanded sales commissions that come with longer-lasting relationships.
- Increase client retention when you manage both the DC and DB plans.
- Distinguish yourself.
Questions to Ask Your Clients and Prospects Are you interested in attracting and retaining employees in a tax advantaged way?
Present them with Transamerica's Defined Benefit Solution Are you interested in maximizing your retirement plan contributions to rebuild or grow your nest egg in a tax advantaged way?
Present them with Transamerica's Cash Balance Plans for the Small Employer DB and Cash Balance Investing Strategy Tools and Resources:
Transamerica has developed a library of tools and resources for financial advisors to understand and assist clients with investing methods and modeling for traditional DB and cash balance plans. DB Investing Strategies Brochure: The DB Investing Strategies brochure, accompanied by a 12-page Asset Allocation Guide and hard copy DB Questionnaire, is a comprehensive tool that describes in detail how both traditional DB and cash balance plans function, how benefits accrue, how benefits are distributed, and how plan liabilities perform. This brochure offers guidelines for identifying a portfolio that best suits the plan's needs. The brochure also discusses Transamerica's investment choices available, provides sample asset allocation portfolios, and showcases Transamerica's dedication and expertise in servicing these plans. DB Asset Allocation Questionnaire: This tool asks a series of questions pertaining to your client's DB or cash balance plan and offers sample asset allocation portfolios based on the answers. This questionnaire is available in hard copy form and is accessible online below. * Statistics as of December 31, 2011. Transamerica Retirement Solutions Corporation is an affiliate of Transamerica Investors Securities Corporation (TISC). Securities are offered by TISC, 440 Mamaroneck Avenue, Harrison, NY 10528. Transamerica or Transamerica Retirement Solutions refers to Transamerica Retirement Solutions Corporation. Plan-related recordkeeping and administration services are provided by Transamerica Retirement Solutions Corporation ("Transamerica" or "Transamerica Retirement Solutions"). The investment choices are available through a contract issued by Transamerica Financial Life Insurance Company ("TFLIC"), TA-AP-2001-CONT, or Transamerica Life Insurance Company ("TLIC"), TGP-439-194, TGP-416-192/194, TGP-430-192/194, CNT-TALIAC 05-02, or CNT-TLIC 10-05. Transamerica is an affiliate of TFLIC and TLIC. TFLIC is not authorized and does not do business in the following jurisdictions: Guam, Puerto Rico, and the U.S. Virgin Islands. TLIC is not authorized in New York and does not do business in New York. Contract form and number may vary, and these investment choices may not be available in all jurisdictions. Fees and charges may apply. Certain limitations on the number of investment choices for your plan will still apply. For complete information, contact your Transamerica representative. All investments involve risk, including loss of principal and there is no guarantee of profits. Additional Footnote: Transamerica does not provide investment advice. Sample asset allocation portfolios are offered for illustrative purposes only. Transamerica is not a fiduciary with respect to the plan as defined by ERISA including, but not limited to, sections 3(21), 3(38) or 3(16), nor is it responsible for a plan's selection, monitoring or de-selection of investments.
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