The Participant section of our website provides information regarding all of our programs. Select the program that you are interested in, or in which you are a participant. You may also contact our service center at 1-800-430-7999, to ask questions or request additional information. The participant plans include:
403(b) TPA Services
A 403(b) plan is a tax deferred retirement savings plan similar to a private company 401(k) plan. 403(b) plans are available to governmental and public school employees. The 403(b) designation refers to the section in the Internal Revenue Code. Recent changes in the IRS regulations require employers to provide compliance oversight and management of all of their employees’ 403(b) accounts effective January 1, 2009. Learn More
Employer Sponsored 403(b) Plan
The Employer Sponsored 403(b) Plan is designed to provide a tax-advantaged savings vehicle to pay for retiree health care expenses. Other payments may be contributed to the Plan based on years of service, severance and other retirement incentives. Learn More
3121 FICA Alternative 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 their part-time, temporary and seasonal employees a meaningful, defined contribution retirement alternative to Social Security. Learn More
MidAmerica Administrative Solutions works in conjunction with Keenan & Associates in California, to market the Accumulation Program for Part-time and Limited-service Employees (APPLE Plan) to government employers. Learn More
Health Reimbursement Arrangement
Many governmental Employers continue to provide health care benefits to retiring Employees. These payments can continue for many years, are sometimes taxable to the Employees, and create a significant administrative burden to the Employer. Learn More
If you are not sure which plan is right for you, simply contact us.
Effective 7/1/08, future investment contributions are invested with American United Life Insurance Company, a OneAmerica Financial Partner. Inactive 3121 FICA Alternative Plan participants may incur an administrative fee of $1.00 per month.