Joseph Monaco
About Joseph Monaco
Joseph Monaco serves as the Sr. Manager of Client Compliance for Retirement Plans at Transamerica, where he has worked since 2014. He oversees a team that reviews defined contribution plans and ensures compliance with various retirement plan regulations.
Current Role at Transamerica
Joseph Monaco currently holds the position of Sr. Manager, Client Compliance Retirement Plans at Transamerica. He has been in this role since 2014, contributing to the compliance framework for various retirement plans. His responsibilities include providing compliance assistance for plans such as 401(a), 401(k), 403(b), and Church plans. He manages a team that independently reviews and analyzes defined contribution plans, ensuring adherence to regulatory standards.
Previous Experience at Transamerica
Before his current role, Joseph Monaco worked at Transamerica in multiple capacities. He served as a Senior Plan Specialist from 2007 to 2014, where he was involved in overseeing plan operations and compliance. Additionally, he worked as an IRA Consultant in Participant Services from 2004 to 2007. His experience in these roles has contributed to his expertise in retirement plan compliance and management.
Education in Finance
Joseph Monaco studied at Mount Saint Mary College, where he earned a degree in Finance from 2000 to 2004. This educational background provided him with foundational knowledge in financial principles and practices, which he applies in his current role managing retirement plan compliance.
Team Management and Compliance Oversight
In his current role, Joseph Monaco manages a team responsible for reviewing and analyzing defined contribution plans. He ensures that all accrued benefits are protected and that plan documents align with system setups. His oversight is critical in maintaining compliance with regulatory requirements across various retirement plans.