ICMA-RC Adds Transaction Processing to Mobile App

Public-sector retirement plan participants can conduct transactions through their mobile devices.

ICMA-RC recently enhanced its mobile application for public-sector retirement plan participants, making it easier for them to conduct transactions and access financial education and tools from their mobile devices.

Using the ICMA-RC mobile app, participants can enroll in their retirement plan directly from a mobile device (if the plan offers online enrollment). Participants may also view their account balance, year-to-date account activity, retirement income projection and personalized fund performance, as well as update personal information such as email address and mobile phone number, based on plan guidelines.

There is also a rebalance option, which allows participants to transfer up to 100% of their account balance to one or more of the funds available in their plan.

The ICMA-RC mobile app offers market commentary, educational videos and a retirement savings calculator.

“ICMA-RC is pleased to lead the way in offering public sector employees the ability to seamlessly conduct their retirement transactions from a mobile device,” says Bob Schultze, ICMA-RC president and CEO. “Mobile technology is convenient and particularly well-suited to public sector employees who are on the move serving our communities. Now they can check their accounts anytime, anywhere.”

The ICMA-RC mobile app is available for download on the iTunes App Store and Google Play.