Pittsburgh, PA (PRWEB) July 17, 2014
As part of an ongoing effort to establish itself as the full service IRA provider in the retirement market, Inspira has redesigned its corporate website as well as the websites for its managed IRA, payroll IRA and automatic rollover IRA programs.
After spending the last 4 years establishing itself as one of the retirement industry’s top Automatic Rollover providers, Inspira has spent the past year optimizing its managed IRA and payroll IRA programs to accommodate developing market demands.
“With our new site, it was important for us to convey that we are more than just an auto rollover and plan termination provider,” said Lowell Smith Jr., President. “We’re still actively involved in the auto rollover market place, but with the infrastructure upgrades we’ve made this year, we feel Inspira is even better positioned to enhance its standing as the retirement industry’s leading one-stop IRA solution provider.”
The company is particularly excited about the managed IRA market. According to the The EBRI IRA Database, 80% of rollovers to an IRA involve accounts with less than $100,000, a number below the wealth minimum for most providers. With online advice from by GuidedChoice, Inspira is making managed account services affordable to this massive chunk of the population.
“This huge piece of the population – we like to call them ‘The Forgotten Investor’ – has never really had access to meaningful advice,” said Smith Jr. “We really believe we have a unique and practical solution for these investors. For the first time ever, we can give providers a cost-effective way to capture these assets, and at the same time give accountholders a chance to achieve their retirement savings goals.”
Inspira’s SIMPLE IRA, SEP IRA, and payroll deduction IRA programs have also been revamped. Employers can establish an IRA-based retirement plan online and then have their employees visit the same site to open their accounts. According to The Bureau of Labor Statistics, 51 percent of employees in businesses with less than 100 employees do not have access to a retirement plan.
“Payroll IRAs are an attractive product to not just employers, but also payroll providers and other retirement firms," said Smith Jr. "Any firm with a captive audience of businesses with less than 100 employees should be looking into offering these services before their competitors do.”
To check out Inspira's new website and learn more, visit them at InspiraFS.com.