After an exhaustive search and due diligence, Gateway Chamber has partnered with Transamerica® and TAG Resources® to offer the Gateway Chamber Retirement Solution. TAG is Transamerica's largest Retirement Exchange 401K - and the largest 'end to end' 401(k) provider in the US.

Your 401(k) Plan is perhaps your biggest hidden compliance exposure.
75% of all plans audited by the DOL last year failed the audit resulting in over $5.6B in fines and penalties over the last 4 years.

The advantages of this program are:

1.You get more for your money. Because this is a multiple employer aggregation program, our members get pricing that is greatly discounted in many ways.

2. It removes fiduciary liability. In most cases the plan sponsor (probably you) is also the fiduciary and as such you incur a lot of liability with the IRS, the US Department of Labor and even your employees. Under our program, for all practical purposes, this fiduciary liability is moved from you to TAG Resources.

3. It removes the administrative burden. As you know, doing all the paper work of a 401(k) is a real burden. TAG Resources does this for our program.

4. It keeps people's money in their accounts. Our 401(k) program stresses the use of target date funds and index funds. The expense ratio for these investments is a fraction of the actively managed funds that are usually recommended by financial advisors. This means that more money stays in your employees pocket instead of going to a fund manager.

INSIDE VIEWS – December 2016
It's time to overturn the mandates

Eight years of the Obama administration are about to come to a close. When he came into office, President Obama had been dealt a bad hand. The economy was in a shambles. The financial meltdown had forced the country into deep recession. There was a real chance that we could slip into severe recession.

The president and Congress, then controlled by the Democrats, leapt into action. They continued the policies started in the last days of the Bush administration to bail out the banks. They moved to prevent the collapse of the U.S. auto industry and they began to push through legislation to fundamentally change the U.S. economy.

Two very major pieces of legislation were passed in those early years, the Affordable Care Act, also known as Obamacare, and the Dodd-Frank Act, which severely changed banking and investment in the country. Both these pieces of legislation were passed on a partisan basis. There was nothing approaching a consensus.
Copyright James Coyle 2016

"Identity theft has become the third certainty in life, right behind death and taxes."

– Adam Levin, Author of the book Swiped: What Identity Thieves Do and How to Stop Them, is a longtime advocate and identity fraud expert, former director of the New Jersey Division of Consumer Affairs, Chairman and Founder of IDT911, and Chairman and Co-founder of

  • Identity Management Services
  • Fraud & Credit Monitoring
  • Cyber Internet Surveillance
  • Document Replacement
Upcoming Events
Linden Chamber of Commerce Holiday Networking
5:30 AM, Dec 08, 2016
628 N Stiles St, Linden, NJ, United States

Gateway Chamber
Rep. Leonard Lance - Peter Jacob - Oct. 27,2016 Debate

presented by Jim Coyle of the Gateway Chamber.
Event Spotlight

2016 Small Business Economic Outlook Luncheon

Venue: Newark Liberty International Airport (EWR), 1 Hotel Rd, Newark, NJ 07114
Date: Dec 9, 2016, 10:00 AM (EST)
Wayne Zuhl
Realtor Associate, Hallmark Realtors
I've worked with Bill Angelo Jr. and have recommended him to others as well. He's very knowledgeable, competent and confident. HIGHLY RECOMMENDED!!!!
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135 Jefferson Ave. P.O. Box 300, Elizabeth, NJ - 07207-0300
(908) 352-0900