Product & Service Launches

PensionBee Joins SS&C RolloverCentral With 1% Match

SS&C Technologies will allow rollovers to PensionBee IRAs via its RolloverCentral platform. As part of the launch, PensionBee is offering a 1% match on all rollover amounts and new contributions, aiming to reduce friction in the rollover process and incentivize savers to consolidate retirement assets.

The RolloverCentral platform offers an automated rollover process that removes paperwork and other checks typically required during the process, according to the announcement.

Talcott Enters Retail Annuity Market

The Talcott Financial Group Ltd. launched its first retail annuity offerings with three fixed-annuity products designed to support accumulation and guaranteed income needs.

The lineup includes two fixed-indexed annuities and a multi-year guaranteed annuity and offers pre-retirees and retirees principal protection.

T. Rowe Price Unveils Retirement Withdrawal Tool

T. Rowe Price introduced Income Solver, a software tool aimed at helping financial advisers optimize retirement withdrawal strategies. Developed through its fintech subsidiary Retiree Inc., the tool coordinates withdrawals across investment accounts, Social Security and other income sources, with the goal of extending clients’ retirement income while managing tax efficiency.

According to the announcement, T. Rowe Price’s research found the software could “extend a client’s retirement income up to an additional seven years or $1 million after taxes.”

Health-E Commerce, WexX to Streamline FSA, HSA Experience

Health-E Commerce, the parent company of FSA Store and HSA Store, is collaborating with benefits administration technology leader Wex Inc. to simplify the flexible spending account and health savings account experience for consumers and employers.

The partnership integrates FSA Store and HSA Store directly into the Wex benefits portal to streamline the reimbursement process. The integration aims to reduce confusion and fragmentation that often discourages account holders from fully utilizing their tax-free health care funds.