How many parties should be involved in making a retirement plan work? Many advisors are finding that having only three parties involved -- the advisor, the plan sponsor and the recordkeeper -- is not enough. The fourth important party is a third party administrator (TPA). According to an article in
PlanAdvisor magazine posted on the PlanAdvisor.com website, "there is a whole 'new' generation of TPAs ready, willing, and able to provide an expanded level of support to plans and plan advisors alike."
Full article.