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Products May 11, 2010
WMSI Partners with The Retirement Plan Company
May 11, 2010 (PLANSPONSOR.com) - Wealth Management Systems Inc. (WMSI) has formed a strategic partnership with The Retirement Plan Company LLC (TRPC).
Reported by PLANSPONSOR staff
Under the partnership, participants will be able to access a choice of 10 IRA options and facilitate the opening of the IRAs online. WMSI’s rollover platform also exchanges participant account data with IRA providers directly, creating a streamlined rollover process that can significantly reduce a participant’s time out of market, according to a press release.
The TRPC rollover services program will be launched by June of 2010.
“WMSI’s platform creates a centralized IRA marketplace where participants can compare and learn about various IRA options in one central location, this provides a great complement to our own IRA product offering,” said John Kopra, President of TRPC, in the announcement.