Business Services Industry

The Ohio State Bar Association Joins 28 Other States As a Participant in the ABA Retirement Funds Program

Business Wire, March 14, 2007

QUINCY, Mass. -- The American Bar Association (ABA) Retirement Funds, an organization that offers tax-qualified retirement plan services to legal professionals, announced today that the Ohio State Bar Association has added the retirement program to its members' affinity program. Ohio joins 28 other state bar associations and legal organizations that have given ABA Retirement Funds "preferred vendor status."

The Ohio State Bar Association will extend its members the opportunity to join the ABA Retirement Funds program, which offers retirement plan services, investment options and related advice and educational information specifically -- and exclusively -- to professionals within the legal community.

"We're excited to have the Ohio State Bar Association offer our retirement program to their members," said Beth Halberstadt, program director of the ABA Retirement Funds. "The Program's scale allows us to control costs while offering a bundled service package with flexible investment options to firms of all sizes, from sole proprietors to large firms." Program eligibility is open to any law firm or practitioner that has at least one partner or shareholder who is a member of the ABA, or a state or local bar association represented in the ABA's House of Delegates.

Other state bar associations or legal organizations that have taken advantage of ABA Retirement Funds' program benefits include: Alabama, Arkansas, Arizona, Colorado, Connecticut, the District of Columbia, Georgia, Hawaii, Illinois, Indiana, Kansas, Louisiana, Maine, Minnesota, Mississippi, New Hampshire, Nevada, New Mexico, New York, North Carolina, North Dakota, Oklahoma, Rhode Island, Texas, Vermont, Washington and Wisconsin, as well as the American Immigration Lawyers Association.

The American Bar Association established ABA Retirement Funds more than 40 years ago to help the legal community with retirement planning and solutions. The ABA Retirement Funds program is administered by State Street Corp.

The Ohio State Bar Association, founded in 1880, is a voluntary association representing approximately 25,000 members of the bench and bar of Ohio as well as nearly 4,000 legal assistants and law students. Through its activities and the activities of its related organizations, the OSBA serves both its members and the public by promoting the highest standards in the practice of law and the administration of justice.

For more information on the ABA Retirement Funds program or a prospectus, call 877-948-2272 or visit www.abaretirement.com.

COPYRIGHT 2007 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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