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CAI Announces Newest Member Benefit: Retirement Planning, 401(k) and Profit Sharing

1/28/1999  -  Alexandria, VA

Responding to the need for low-cost, high-quality retirement planning tools among its members, the Community Associations Institute is pleased to announce the availability of new member benefits through American Buying Retirement Services Inc. CAI's endorsed retirement program provides executive retirement planning, qualified profit sharing and 401(k) retirement programs exclusively for member companies through a network of member firms across the country.

"A first-class benefits program is a vital tool in recruiting and retaining qualified and talented employees," said Barbara Byrd Keenan, CAE, executive vice president of CAI. "ABRS programs will allow our attorney, builder, accountant, management and associate service members to provide retirement programs with significant savings in fees and start-up costs."

Features of the 401(k) program include no start-up costs, reduced asset management fees, savings of up to 100 percent off annual administration and per-participant fees and more than 20 investment options. The executive retirement planning program is specifically designed for highly-compensated executives, offering a cost-effective, custom plan with no limits on allowable contributions. The qualified profit sharing program allows maximization of benefits for a company owner with no start-up costs and up to 100 percent savings on annual administration fees.

For more information, call CAI at 703/548-8600 or visit www.caionline.org.

The Community Associations Institute is a nonprofit association created in 1973 to educate and represent the nation's 205,000 community associations—condominium associations, homeowner associations and cooperatives. CAI members include homeowners, associations and related professionals and service providers.


For members and general inquiries, contact the CAI Member Service Center:
Phone: 703-970-9220
Fax: 703-970-9558
Email:

MEDIA CONTACT: Amy Repke
Phone: 703-970-9239
Fax: 703-970-9558
Email:

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