Automatic Rollovers for TPAs and Advisors

Terminated employees with balances in a retirement plan create a number of issues for plan sponsors:

• Increased recordkeeping costs
• Plan audits if the participant count climbs above 100
• Increased internal costs related to lost participants
• Additional fiduciary responsibility

With Inspira, you are in a prime position to work with your clients to mitigate these risks.

Inspira even markets Auto Rollovers to the employees and plan sponsors for you.  Best of all, you will be enhancing your value to your plan sponsor clients by lowering plan costs and reducing the liability and additional work required to service the accounts of former employees.

Inspira has two products from which to choose:

• Total IRA: Low accountholder fee and pays an annual referral fee to our partners.
• IRA Solutions: Lower accountholder fee and does not pay a referral fee.

We also offer Custom solutions for a small up-front fee. Contact us to learn more.

With either of these products, you receive a complete outreach program to encourage plan sponsors to sign-up for your auto IRA rollover program along with a system to provide notices to terminated employees about their distribution options.

• A safe harbor fund that currently pays 1.75%
• An IRA with unlimited free trades and no loads
• A fund line-up screened by an investment professional
• Free investment tools including an Investment Guide to help make investment decisions
• No account minumums - We accept auto rollovers under $1,000
• Account access online and through a Voice Response Unit
• Call center access to trained IRA professionals

At Inspira, we understand that Retirement Professionals have many options for establishing an automatic IRA rollover program. We are committed to providing the best experience possible.

Call Inspira to discuss your auto rollover strategy today.