American Express Expands Education Service

June 6, 2001 ( - Companies that use American Express as their 401(k) plan provider can now take advantage of the group's Financial Education & Planning Services (FEPS), a program designed to expand financial education programs offered in the workplace.

FEPS offers a variety of tools and services that help employees think beyond retirement or their 401(k) and consider their entire financial situation, using
face-to-face, Web, telephone and print options, including:

  • retirement plan seminars, both on-site and online
  • financial education seminars
  • consultations with advisors
  • custom Web portal with interactive tools and retirement guidance tools
  • after-tax saving and investing programs
  • access to account information and transactions through phone or the Web
  • phone access to guidance specialists
  • account profile account aggregation tool .