Retirement Plan Distribution Specialist - Providence - Nova 401(k) Associates

    Nova 401(k) Associates
    Nova 401(k) Associates Providence

    3 days ago

    Description

    Retirement Plan Distribution Specialist

    Are you ready to leverage your expertise in processing retirement plan distributions and loans in a fulfilling role? If you have an eye for detail and a knack for identifying oversights, we want you to join Nova 401(k) Associates as a fully remote Retirement Plan Distribution Specialist. Our ideal candidate will bring at least five years of hands-on experience in processing distributions and loans for qualified retirement plans, including a minimum of two years in a remote work setting. In this role, you will be responsible for quality reviewing loan and distribution requests related to retirement plans.

    At Nova 401(k) Associates, we are a dynamic, growing national third-party administration firm. Our renowned sales team allows us to continually expand and offer remarkable advancement opportunities for our professionals.

    Key Responsibilities

    • Review distribution and loan packages, ensuring accurate vesting verifications.
    • Handle complex distribution types, including QDROs, death benefits, and disability benefits as required.
    • Assist in the review of minimum required distributions and ADP/ACP refunds as necessary.
    • Maintain a strong focus on cybersecurity issues during the review process.
    • Exhibit a thorough understanding and interpretation of plan documents regarding distributions and loans.
    • Regularly update account managers, management, and plan sponsors on requests and progress.
    • Obtain NIPAs Distribution Administrator and Loan Administrator Certificates within one month of hire.
    • Perform additional related duties as needed.

    Qualifications

    • Five or more years of experience in processing retirement plan loans and distributions.
    • Strong knowledge of ERISA, Internal Revenue Code, and regulations pertinent to distributions.
    • Able to establish priorities and work independently toward objectives without supervision.
    • Exceptional organizational and coordination skills.
    • Ability to adapt, multitask, and demonstrate flexibility.
    • Coachable and dedicated to ongoing professional development.
    • Familiarity with Corbel Documents Pension Pro is a plus.
    • Bachelor's degree preferred.

    Compensation and Benefits

    • Base Pay: $55,000 - $65,000
    • Salaried, non-exempt position.
    • Medical, dental, disability, and life insurance.
    • 401(k) plan with Employer Match.

    Work Environment and Schedule

    • This is a remote position within the USA.
    • Authorization to work for any US employer is required.
    • We will supply all necessary computer equipment.
    • 40-hour work week, Monday through Friday.
    • Consistent and regular business hours are required.

    Join us and be part of a company that values communication and teamwork


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