|DATE:||October 5, 2005|
|SUBJECT:||Voluntary Tax Sheltered Annuity Company Changes|
|CONTACT:||Abby Moore||(785) 296-2133||Abby.Moore@da.state.ks.us|
|SUMMARY:||Voluntary Tax Sheltered Annuity Company Changes|
Payroll Services has been notified that the name for American Express Financial Advisors, Inc. (VTSA #321) has changed to Ameriprise Financial Services, Inc. Vendor number 410823832-05 in STARS has been closed and remittances have been redirected to the new vendor/suffix combination 410973005-00 for Ameriprise Financial Services, Inc.
In addition to the above name change, the Kansas Board of Regents has requested that the Principal Financial Group (VTSA #084) be removed from the list of approved providers for voluntary tax sheltered annuities. This company has no current subscribers and is deleted effective September 25, 2005.
The Division of Accounts and Reports, Payroll Systems Team is responsible for making any necessary updates to the SHARP payroll system. Regent's institutions are responsible for ensuring these changes are reflected in their individual systems.