Master Terminal Funding (MTFA)…
A Master Terminal Funding Contract is an open-ended contract that allows employers to purchase fixed annuities on an “as-needed” basis, or, as participants retire. It is a cost effective arrangement that provides annuities based on more competitive group rates. These annuities are suitable for participants retiring from both defined benefit plans and defined contribution plans that offer annuity options. In addition, a purchase through a master contract can be made for a single participant or for a small group of participants.
QAS holds master contracts with some of the industry’s most highly regarded carriers. As a benefit, we can offer the flexibility to choose a competitively priced annuity from a broad array of issuers.