HR solutions provider, Insperity, Inc. has announced the launch of its new retirement planning app offering fast and secure access to 401(k) account information. The application is free and currently available only to iOS users, though an Android version is close to release.
“The new Insperity Retirement app for Apple and Android devices complements our recently enhanced online Retirement Service Center, which has experienced a 30 percent increase in use by plan participants since last year’s rollout,” Richard Rawson, Insperity president, said. “We understand that 401(k) account holders want to be able to access their plans anywhere, anytime, and the app puts that access at their fingertips.”
The app can be used for account review purposes for 401(k) balances, contributions and current rates of return. Contribution rates and investment allocation can also be checked along with loan balances and plan news and updates. The app is an extension of the firm’s Retirement Service Center, which allows participants to enroll, change contribution rates, add beneficiaries, and take out loans or withdraw without paperwork.
“Insperity Retirement Services, through our Retirement Service Center and now the new app, provides the tools that employees and business owners need to make the most of their 401(k) plan,” Rawson said.