Midamerica administrative & retirement solutions

Midamerica administrative & retirement solutions Review

Reviews 10
1.5
Reviews 10
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M
3 years ago

I have had mutual funds and annuities for decades....

I have had mutual funds and annuities for decades. I call...they deposit that day..this is the worst company ever...they stall and stall even when you explain it s an emergency..I may lose my home thanks to their ineptitude.

J
4 years ago

Terrible company! No one can ever explain why my s...

Terrible company! No one can ever explain why my scheduled pay outs from a retirement account don t come on the same date every month. The pay outs have varied from the 12th of the month (13th, 14th, 17th, 20th, 26th, 27th....) even into the beginning of the next month! Luckily this is not my main retirement income. Otherwise I would have troubles covering my bills every month. I would give a rating of zero if I could.

A
4 years ago

Put on hold for over 40 minutes total to get a rea...

Put on hold for over 40 minutes total to get a real person just for her to give me a fax number to send in a document. That information could be all online without having to call. Then, I was instructed to call again and make sure they got the fax? (Haven't done that because it could mean another 40 min on the phone) The woman who helped me was very nice but this organization is not one that I would trust with my money (I was unaware that Valic used them as a 3rd party administrator)

R
4 years ago

Audra understood my question and gave me a clear a...

Audra understood my question and gave me a clear answer how to solve it. She was pleasant, a good listener, and I appreciated her friendly, yet professional, approach to my problem. Thanks Audra!

D
5 years ago

This is the most difficult company I have ever dea...

This is the most difficult company I have ever dealt with. My retirement account was set up to pay for health care for myself and my husband, and I even received a debit card to use for this purpose. However, they have rejected my and my husband's medicare insurance payments twice. Now I am very late paying my bill. They have also made me submit multiple copies of bills for other payments only to tell me they don't have enough documentation so are now threatening to suspend the card so that I can't use it for anything. I have no doubt that they are making lots of interest on the money they are holding for me while making me late on multiple bill payments.

G
5 years ago

Rude to say the least. I have no idea why our empl...

Rude to say the least. I have no idea why our employer uses these people. They can't even get the contributions right and then when you call them--they tell you that they're waiting for a response from your employer. If you try to say anything else--they cut you off. They don't want to hear it. For a short time when I logged into my account, my wife's information would pop up. When she logged in--she would see another person's account. Make sure you check your monthly contributions on their website! They don't even know how to perform an internal audit.Their website is not user friendly and they don't make it easy to communicate with them via email. They also don't give you any kind of status on your case number. Very arrogant. No wonder they have such low ratings.

About Midamerica administrative & retirement solutions

Midamerica Administrative & Retirement Solutions is a leading provider of employee benefits solutions for the public sector. The company has been in business for over 30 years and has established itself as a trusted partner to government entities across the United States.

At Midamerica, we understand that managing employee benefits can be a complex and time-consuming process. That's why we offer a range of services designed to simplify the process and help our clients save time and money.

One of our core offerings is retirement plan administration. We work with public sector employers to design, implement, and manage retirement plans that meet their unique needs. Our team of experts stays up-to-date on the latest regulations and best practices to ensure that our clients' plans are always compliant and effective.

In addition to retirement plan administration, we also offer flexible spending account (FSA) administration services. FSAs are an increasingly popular way for employees to save money on healthcare expenses by setting aside pre-tax dollars in an account that can be used for eligible expenses throughout the year. Our FSA administration services make it easy for employers to offer this valuable benefit while minimizing administrative burden.

Another area where Midamerica excels is health savings account (HSA) administration. HSAs are similar to FSAs but are specifically designed for use with high-deductible health plans (HDHPs). They allow employees to set aside pre-tax dollars that can be used tax-free for qualified medical expenses, making them an attractive option for many individuals. Our HSA administration services help employers set up and manage these accounts so their employees can take advantage of this valuable benefit.

At Midamerica, we pride ourselves on providing exceptional customer service at every step of the way. From initial consultation through ongoing support, our team is dedicated to helping our clients achieve their goals while minimizing hassle and maximizing value.

If you're looking for a partner who can simplify your employee benefits management while delivering outstanding results, look no further than Midamerica Administrative & Retirement Solutions!

Midamerica administrative & retirement solutions

Midamerica administrative & retirement solutions

1.5