The Department of the Treasury and the Internal Revenue Service released new guidance that is “designed to expand the use of income annuities in 401(k) plans.”
New workforce management platform gives employers the opportunity to consolidate administrative services, simplify HR processes, and reduce costs.
FRISCO, Texas – February 25, 2013– AmeriFlex, one of the nation's leading administrative service providers, announced today the launch of its new Workforce solution, a Web-based workforce management platform designed to help employers reduce costs and more efficiently manage HR processes. The AmeriFlex Workforce product suite includes payroll, time & labor management, benefits administration, and HR services, and can be delivered as a consolidated package or as standalone components.
"This new offering will provide greater value to both our distribution partners and existing employer clients," said William Short, AmeriFlex President and CEO. "It leverages several of our core competencies, including our payment processing capabilities and award-winning client service model, so we feel it's a natural complement to our existing products and services."
The Workforce products, which will be distributed under the company's new AmeriFlex Business Solutions brand, are scalable to any size organization and set up to allow for easy integration with AmeriFlex flexible benefit and COBRA services. For more information about AmeriFlex Workforce, visit workforce.flex125.com.
Established in 1998, AmeriFlex is an independent administrator providing technology-driven benefits, payment processing, and compliance solutions. Services provided include health spending account administration, supported by our consolidated debit card platform; COBRA administration and special plan billing services; compliance services, including POP document generation; and AmeriFlex Workforce, including payroll, time & labor management, and HR services. Headquartered in Frisco, Texas with an operations center in Mount Laurel, N.J., AmeriFlex serves thousands of clients and more than 3.5 million individual participants nationwide. For more information, visit flex125.com.
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