Transamerica Retirement Solutions

From Wikipedia, the free encyclopedia
Transamerica Retirement Solutions
Company typeSubsidiary
IndustryFull service retirement consulting
Founded1963
HeadquartersBaltimore, MD, Harrison NY, Cedar Rapids IA, Denver CO, St. Petersburg FL, Natick MA, Norwood MA
Key people
Mark Mullen, Phil Eckman, Kent Callahan, Blake Bostwick, Joshua Durham
Products401(k), 403(b), 457 plans, defined benefit administration & consulting, investment management, recordkeeping, reporting, nonqualified, IRA, Roth IRA's and similar products
Number of employees
>3,000 employees
ParentAEGON
Websitesecure.transamerica.com

Transamerica Retirement Solutions, is an American retirement consulting firm.[1]

History[edit]

The prior Diversified Investment Advisors Division was established as an original division of MONY (Mutual of NY) and its predecessors. Diversified spun off as a separate entity in the early 1990s.

The company’s activity covers the entire spectrum of defined benefit and defined contribution plans including: 401(k), 403(b) (Traditional and Roth IRA's), 401(a), 457(b), non-qualified deferred compensation, profit sharing, money purchase, traditional DB, DB non-qualified, cash balance, and Taft-Hartley plans. Transamerica provides comprehensive total retirement outsourcing (TRO) inclusive of plan administration, investment and communication services for all sizes of organizations, with a specializations in the healthcare market.

Headquartered in Cedar Rapids, Iowa, the company’s regional offices are located in Saint Petersburg, Florida, Denver, Colorado, Baltimore, Maryland, Canton, Massachusetts (Actuarial Consulting Group and Large Market DC ), Harrison, New York, and Charlotte, North Carolina.

They have corporate relationships with Transamerica Life and are a wholly owned subsidiary of Aegon N.V. headquartered in The Hague, Netherlands.

References[edit]

  1. ^ James A. O'Brien, Introduction to information systems: essentials for the internet worked ..., Ninth Edition (2000), 49.