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American Bar Retirement Association and Corresponding ABA Members Retirement Program Change Name to ''ABA Retirement Funds''.


NORTH QUINCY North Quincy is the northernmost neighborhood of Quincy, Massachusetts, and is separated from the City of Boston by the Neponset River. North Quincy has a significant Chinese American and Eastern Asian population; at the corner of Hancock Street and Billings Road, there are four , Mass. -- The American Bar The American Bar is a drinking establishment at the Savoy Hotel in London.

Opened in 1898 when cocktail were being first introduced to London.

The term American Bar comes from the 1930s when cocktails were first gaining popularity in the United States.
 Retirement Association and the affiliated ABA Members Retirement Program, both established more than 40 years ago by the American Bar Association American Bar Association (ABA), voluntary organization of lawyers admitted to the bar of any state. Founded (1878) largely through the efforts of the Connecticut Bar Association, it is devoted to improving the administration of justice, seeking uniformity of law  to help the legal community with retirement planning Retirement financial planning refers to a collection of systems, methods, and processes which, in their aggregate, support a family unit's (client's) desire to achieve a state of financial independence, such that the need to be gainfully employed is optional.  and solutions, have now become "ABA Retirement Funds."

ABA Retirement Funds offers tax-qualified retirement plan services to qualified law professionals, along with educational information related to retirement planning and funding. The ABA Retirement Funds program ("the Program") is administered by State Street Bank and Trust, and includes plan administration, investment flexibility and advice.

"ABA Retirement Funds was created exclusively for lawyers, which means we have a different purpose to our program," said Beth Halberstadt, program director of the ABA Retirement Funds. "The structure of our program enables us to create economies of scale. This allows us to pass along benefits to our plan members, including low associated costs, investment flexibility, and fiduciary services."

The Program's low cost advantage makes it an attractive option for employers, administrators, and proprietors of law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
  1. Clifford Chance, £1,030.2m – International law firm (headquartered in the UK);
  2. Linklaters, £935.
 -- big and small -- seeking fiduciary oversight and low expenses.

Program eligibility is open to any law firm or practitioner that has at least one partner or shareholder who is a member of the ABA, or a state or local bar association represented in the ABA's House of Delegates House of Delegates
n.
The lower house of the state legislature in Maryland, Virginia, and West Virginia.
.

The Program is administered by State Street Bank & Trust, a global leader in serving institutional investors, and is serviced by State Street in partnership with its affiliate, CitiStreet LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
. As one of the largest providers of retirement plan services, CitiStreet services nearly 10 million participants with more than $200 billion in assets.

ABA Retirement Funds has earned "preferred vendor status" with 28 state bar associations and legal organizations, including: AL, AR, AZ, CO, CT, DC, GA, HI, IL, IN, KS, LA, ME, MN, MS, NH, NV, NM, NY, NC, ND, OK, RI, VT, WA, WI, as well as AILA and AIRE. The Program is also an ABA Member Advantage company.

For more information, call 877-948-2272 or visit www.abaretirement.com.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 2, 2006
Words:334
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