Iowa Department of Administrative Services intends to provide Security Benefit, a contract with the Retirement Investors' Club (RIC) of Iowa
Security Benefit has been notified by the Iowa Department of Administrative Services of their intent to award Security Benefit, a contract with the Retirement Investors’ Club (RIC) of Iowa.
The Security Benefit team will immediately begin finalising the contracting process, in anticipation of beginning enrollments by the end of the year.
Kris Robbins, chairman, president and CEO of Security Benefit, said: “It is another example of our ability to continue gaining traction in these unprecedented economic times while providing much-needed retirement programs and services to the participants in the RIC of Iowa. We are delighted to have been chosen.”
Currently, Security Benefit provides 403(b) plans to more than 4,000 school districts across the US, including Houston Independent School District, Baltimore County Public Schools and Charlotte-Mecklenburg Schools.
The company fosters strong partnerships to provide retirement solutions for employers and individual investors in US.