Direct Rollover IRAs: A Valuable Tool in the Battle for Retirement Security
More plan providers are introducing proprietary direct rollover IRAs. It’s a move that adds value for plan sponsors by making retirement income solutions available outside the plan, so sponsors don’t need to modify plan objectives or take on additional fiduciary risk. It also adds value for plan participants, who are able to keep their assets invested in a similar fund lineup and similar pricing.
As plan providers consider whether to buy, build, or outsource IRAs, we’re seeing an upsurge in demand for white-label IRAs. Learn more by reading Terry Dunne’s latest article in 401(k) Specialist.
The material in this blog is presented for informational purposes only. Millennium Trust Company performs the duties of a directed custodian, and as such does not sell investments or provide investment, legal or tax advice.