INDIANAPOLIS, June 27,
2024 /PRNewswire/ -- Today, OneAmerica
Financial℠ is excited to announce new non-qualified
deferred compensation (NQDC) plan solutions as part of the
organization's Retirement Services (RS) portfolio, adding to the
robust retirement plan options that OneAmerica Financial offers
employers looking to meet the increasing demand for innovative and
flexible plans that help participants save for their future.
"We are thrilled to announce the addition of nonqualified plan
types into our lineup of retirement service offerings," said
Alan Blaskowski, VP of Product,
Business Development and Innovation. "At OneAmerica Financial, we
uphold a legacy of crafting tailored solutions to meet the diverse
needs of our sponsors. The introduction of these new options
further strengthens our commitment to this tradition of flexibility
and customization."
NQDC plans may be enticing for both plan sponsors and
participants who are interested in options outside of traditional
401(k) plans. These plans allow employers more flexibility to
reward high-earning employees and give employees greater
flexibility and customization options, as well as the ability to
invest more money for their financial futures than they might
otherwise be able to through more traditional qualified plans
alone.
In addition to offering a 409A plan geared toward for-profit
employers, OneAmerica Financial will also support 457(f) plans for
non-governmental, not-for-profit organizations, continuing our work
as an experienced provider with a focus in the tax-exempt market.
In addition to the new nonqualified plan option, OneAmerica
Financial also offers recordkeeping services for defined benefit
plans, defined contribution plans, Employee Stock Ownership Plans
and pension risk transfer services. OneAmerica Financial continues
to be a one-stop shop that offers a full suite of options for plan
sponsors in search of new ways to attract and retain employees.
About OneAmerica Financial℠
OneAmerica
Financial℠ is a national financial services organization
helping people build greater certainty for better moments, every
day. The companies of OneAmerica Financial have been advancing
financial security for more than 145 years, supporting millions of
customers with solutions across life insurance, retirement,
employee benefits and long-term care. As a people-first mutual
organization, OneAmerica Financial prioritizes customers' interests
and maintains a long-term focus on both value and financial
stability. For more information visit OneAmerica.com.
OneAmerica Financial℠ is the marketing name for the
companies of OneAmerica Financial.
Products issued and underwritten by American United Life
Insurance Company® (AUL), a OneAmerica Financial company.
Administrative and recordkeeping services provided by AUL or
OneAmerica Retirement Services LLC, companies of OneAmerica
Financial which are not broker/dealers or investment advisors.
Investing involves risk including potential loss of
principal.
Contact:
Zach Osowski
Public Relations Manager
Zach.Osowski@oneamerica.com
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SOURCE OneAmerica Financial