An Independent TPA Solution to the New 403(b) Regulations: The Internal Revenue Service has issued new 403(b) regulations that require significant additional oversight by employers, including plan documentation, limits testing, and oversight of hardships, loans, and eligibility...

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3121 Premier Plan: In 1990, the Omnibus Budget Reconciliation Act was passed. Government entities who exercised their Social Security Section 218 exclusion allowance were provided the option of giving...

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Health Reimbursement Arrangement (HRA): Our Plan is a type of Health Reimbursement Arrangement (HRA). A HRA allows the Employer to make deposits on behalf of active Employees and/or Retirees. Deposits are made tax-free, carry over year-to-year...

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Special Pay Plan: The Special Pay Plan is designed to handle special forms of compensation in a tax-advantaged manner. These forms of compensation typically include unused sick leave and unused vacation pay...

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Committed to Excellence

MidAmerica Administrative & Retirement Solutions, Inc. provides innovative employee benefit programs to well in excess of 2,000 school districts and over 600,000 plan participants across the country. Originally formed in 1995, MidAmerica focused primarily on providing IRC Section 3121 Social Security opt-out programs for governmental employers. This core business has grown dramatically and has expanded to include HRA administration, Special Pay programs, actuarial services and more recently, independent 403(b) administrative and common remitting services.
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