Discover the Benefits of Payroll Integration

Here's how Payroll Integration can help you make the most of your retirement plan.
 

As a plan administrator, you have a lot on your plate. One way to ease your burden is to make the most of the tools and resources that come with your Mutual of America retirement plan. This includes our Payroll Integration service, which makes it easy for you to transfer employee information securely from your payroll to your retirement plan.

You may be familiar with the advantages Payroll Integration provides, including the ability to help you:

  • Reduce errors by eliminating repetitive, manual data entry.
  • Increase efficiency and avoid regulatory issues by ensuring employee contributions are invested on a timely basis.
  • Streamline plan administration by making it easier to track participant eligibility, enrollment and loan balances.

What you may not realize is how our Payroll Integration service can also deepen the value of your retirement plan and help you achieve important organizational goals by making it easier for you to:

  • Take the pulse of plan health by offering you plan participation details. If needed, you can use that information to drive higher levels of employee engagement with features like automatic enrollment.
  • Measure plan effectiveness by providing a baseline of metrics, against which you can track progress, identify trends and compare your 401(k) or 403(b) to retirement plans of similar sizes.
  • Boost your competitive advantage by offering a plan that will help you attract and retain qualified workers.
  • Improve participants' retirement readiness by helping you determine whether your employees are leveraging their plan to build financial security for the future.

The goal of Mutual of America's Payroll Integration service is simple: to provide the tools and resources you need to develop, maintain and grow a healthy and compliant retirement plan. To learn how Payroll Integration can help you, contact your local Mutual of America representative today.

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