Ascensus Launches New Retirement Solution for Nonprofits: National Nonprofit 403(b) PEP
Ascensus Launches National Nonprofit 403(b) Pooled Employer Plan
As a central figure in America's financial landscape, Ascensus has recently made waves by unveiling the National Nonprofit 403(b) Pooled Employer Plan (PEP), a groundbreaking retirement solution designed specifically to aid nonprofit organizations. This latest offering marks a significant stride in Ascensus' commitment to expanding retirement options and ease of administration for the nonprofit sector.
The PEP aims to address one of the fundamental challenges faced by nonprofits: the complexity of managing retirement plans. By streamlining the administrative process, Ascensus empowers nonprofits to focus their efforts on their core missions rather than getting bogged down by the intricacies of retirement benefits administration. As Dan Morrison, the President of Retirement at Ascensus, emphasizes, “Demand for simpler, more scalable retirement solutions continues to grow.
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