The Arizona Small Business Association is launching a new partnership with Voya Financial and local retirement plan specialist Integrated Financial Solutions. This new relationship provides a packaged 401(k) solution to ASBA members, which provides a streamlined and cost-effective program, minimizing the administrative tasks associated with providing a retirement plan.
This is exciting news for businesses that would like to establish a retirement plan for their employees but have been hesitant to do so due to the labor-intensive process of researching and selecting service providers. The ASBA 401k takes the complexity out of the selection process, delivering a one-stop solution. Additionally, attracting and retaining employees is one of the biggest challenges that businesses face today. Offering a robust benefits program is necessary to compete in the current labor market. The ASBA 401k is a compelling solution for businesses of all sizes that lack an employee retirement plan.
“ASBA is thrilled to offer this new program to our members,” ASBA COO Debbie Hann said. “In conjunction with IFS and Voya Financial, this 401k program will be a great option for our business owners across the state.”
Members who join this program will receive customized service and ongoing local support from Integrated Financial Solutions, and the firm’s president, Joseph Weber. IFS is a firm in Arizona specializing in retirement plans, and, with years of knowledge and expertise, they are a financial asset to ASBA members. IFS uses a personalized approach to assess key objectives and deliver tailored solutions that meet the needs of businesses and their employees. Weber can assist with establishing new plans or with the transition of a current plan into the ASBA 401k.
Voya Financial is one of the largest retirement plan providers in the nation, which is why they were chosen as the platform’s record-keeper. Voya’s top-tier program has made them an award-winning retirement platform. They were most recently awarded the NAPA Advisors Choice Award as the top 401k Provider (2022 NAPA Advisors’ Choice Awards). Voya also has a robust package of technology and tools that make it easy for plan participants to navigate their retirement journey.
This exciting new program will be available to ASBA members in the fourth quarter of this year. Business members that are interested in taking advantage of this new opportunity can schedule an appointment with Weber at IFS to get started. Businesses that are not yet members of ASBA and are interested in learning more can find additional information on the ASBA website.
Joseph Weber is the founder and president at Integrated Financial Solutions.
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