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New retirement programs available for members.


The AICPA AICPA

See American Institute of Certified Public Accountants (AICPA).
 has selected Nationwide Financial as the provider of qualified retirement plans, including 401(k) plans, for its members. With this arrangement, two new and distinct programs are now available to members: the AICPA Member Retirement Advantage and the AICPA Member Retirement Trust. (T. Rowe Price T. Rowe Price (NASDAQ: TROW) is an independent global investment management firm and mutual fund manager based in Baltimore, Maryland. It was founded in 1937 by Thomas Rowe Price, Jr..

T.
 will continue to provide IRA-based retirement programs.)

The AICPA Member Retirement Advantage program offers plan administration by a pre-qualified, local third-party administrator; reduced pricing for customized plan design; and access to more than 350 investment options. The AICPA Member Retirement Trust program is a low-cost alternative that provides a master plan and trust document overseen by the AICPA Member Retirement Committee, more than 20 investment fund choices selected by an investment consultant for the AICPA, and centralized cen·tral·ize  
v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es

v.tr.
1. To draw into or toward a center; consolidate.

2.
 administration by Nationwide Financial. Both programs will provide Internet access See how to access the Internet.  to accounts for participants and plan sponsors.

Members interested in learning more about one of these new retirement programs should call 888/401K-CPA.
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Article Details
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Publication:CPA Letter
Geographic Code:1USA
Date:Jan 1, 2003
Words:157
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