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.

The adult in the room gets no respect

I recently had the opportunity to hear Assembly Minority Leader Jon Bramnick make an impassioned speech about political dysfunction. Bramnick, probably the best speaker in the New Jersey Legislature, made an insightful appeal for a more civil discourse.
Bramnick started with the all too rare admission that Republicans are not always right and Democrats are not always wrong, nor are Democrats always right and Republicans always wrong. Both sides can have good ideas and both sides can support good ideas.
The problem is that if you want to get the press and the public to pay attention to you, you better never say that. The press and the public thrive on controversy.
The louder and meaner you can say something, the more likely it is to be heard. Who wants to hear, “My opponent has some good ideas. Let’s go ahead and do that.” What a quick way to lose an election.
This year’s presidential election is a case in point. I have never heard such a foul, mean-spirited campaign. And it’s on both sides.
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
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