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July 9, 2014
401(k) Loan Regretsarticle

Thinking about taking a loan out of your 401(k) or 403(b) retirement account? Think twice. Nearly half (44%) of employees who took out a loan from their workplace retirement accounts later said they regretted the decision, according to TIAA-CREF's Borrowing Against Your Future survey. An additional 23% of employees who took out a loan don't regret it but say they wouldn't do it again.

 

Read the full article to learn about five warnings if you're considering a workplace retirement plan loan. 


Source: Forbes.com


Hear What NIPA Members Have to Say
"Being a member of NIPA has accelerated millions of dollars of cash flow. Before NIPA I was borrowing a lot of money because I was billing at the end of the year. After my first Business Management Conference, I switched to quarterly billing. NIPA has helped me grow my business!"
  
- Robert Chin, President, Abacus Benefit Consultant, Inc.
 
  
NIPA Has the Tools You Need to Grow Your Businessrenew
Our members regularly tell us how their involvement with NIPA has generated millions of dollars of new revenue for them. 
 
Join NIPA and you'll surround yourself with people who are just like you. Between their generous experience sharing, and our world-class education, you'll learn how to:
  • Create life-long relationships with peers and colleagues 
  • Avail yourself of our powerful education and learning 
  • Attend our annual Business Management Conference for TPA owners, consistently cited as a massive benefit by our members
Learn more about all the exclusive benefits and resources only available through NIPA membership here.
 
If you have any questions, or need more information about how to join online, contact NIPA Headquarters at 800.999.NIPA (6472).
 
  
A Gift From NIPA: 50% Off Online Certificate Coursesgift
NIPA is pleased to present a members-only gift of 50% off all of NIPA's online certificate courses!
 
In a constantly changing industry, it is critical to understand regulations and advance your knowledge of pension administration. NIPA offers five online certificate courses that work around your schedule.
 
Join NIPA to redeem this member gift. Don't wait - this special offer is only available through July 31!
 
  
Receive $1,000 Towards Your APA Designation apa
NIPA and PenChecks are delighted to announce an annual scholarship program for NIPA's Accredited Pension Administrator (APA) designation program.
  
The PenChecks NIPA APA Designation Scholarship will be awarded to six individuals who have successfully completed the application process and demonstrated how the APA designation will improve their career in the retirement plan industry. Scholarship applications for the November 2014 testing window are due by Friday, August 29

Click here to learn more about the PenChecks NIPA APA Designation Scholarship and to apply.


 In This Issue

Calendar of Events
TPA Business Owner Resources

New! AXIS Retirement Analytics Platform

TPAresources.com

 

NIPA B2B Exchange

 

401(k) Sales Champion Workshop� 

 

Errors & Omission (E&O) Insurance  

 

Customer Marketing Tools

 

More TPA Business Owner Resources 

National Institute of Pension Administrators
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