The PPA Resource Center is a tool rich with pertinent information regarding current and ongoing developments around the PPA and includes:
- Summary of Legislation - A document highlighting key retirement plan provisions of the bill
- Webinars - Lists upcoming PPA-related Webinars, as well as links to recorded versions of past Webinars
- eNews & Views Article Series - Provides links to past articles regarding the PPA
- Official PPA Guidance - This table lists PPA-related Bulletins and Notices issued by the Internal Revenue Service (IRS) or Department of Labor (DOL), and indicates generally whether they require plan sponsor action
"Educating and providing guidance to our clients is what we do best," states Joe Ready, Senior Vice President and director of WRS. "Although it is not intended to replace advice from legal counsel, the PPA Resource Center will assist plan sponsors in maneuvering through the minutia of this groundbreaking legislation and is intended to be a dynamic resource that's continually updated with new and timely information."
Responding to the signing of the PPA into law by President Bush in August 2006, WRS immediately began providing plan sponsors with various educational literature, articles, information and seminars. The PPA Resource Center represents the latest effort to provide one consolidated area where clients can go to review past materials as well as obtain the most recent updates.
About Wachovia Retirement Services
Wachovia Retirement Services is part of the Retirement and Investment Products Group, a division of Wachovia's Capital Management Group. Wachovia Retirement Services provides fully bundled defined contribution, defined benefit and nonqualified retirement plans to both small and large companies, unions and municipalities. More complete information about Wachovia Retirement Services is accessible online at wachovia.com/401k.
About Wachovia Corporation
Wachovia Corporation (NYSE:WB) is one of the nation's largest diversified financial services companies, providing a broad range of retail banking and brokerage, asset and wealth management, and corporate and investment banking products and services. Wachovia has retail and commercial banking operations in 21 states with 3,375 retail banking offices from Connecticut to Florida and west to Texas and California. In addition, two core businesses operate under the Wachovia Securities brand name: retail brokerage with 742 offices in 49 states and nine service affiliate offices in Latin America, and corporate and investment banking in selected industries nationwide. Other nationwide businesses include mortgage lending in 39 states and auto finance covering 46 states. Globally, Wachovia serves clients through more than 40 international offices. Online banking is available at wachovia.com; online brokerage products and services at wachoviasec.com, and investment products and services at evergreeninvestments.com. At December 31, 2006, Wachovia had assets of $707 billion and market capitalization of $108 billion.
