AMEX Promo Encourages Retirement Web Site Use

May 1, 2001 (PLANSPONSOR.com) - The winners of a new promotion by American Express Retirement Services to push its retirement plan web site can walk off with a new handheld computer.

Participants who log on to their password-protected retirement account at http://www.americanexpress.com/retirement between May 1 and June 30 will be automatically entered in the drawing.

While logging on, retirement plan participants can review their account and take advantage of the interactive planning tools.

These tools include features to help participants calculate what they need for retirement, determine their risk profile and net worth, measure tax savings in each paycheck, and set investment and retirement goals.

“While we know that many people are already reaping the benefits of our online capabilities, it never hurts to offer a little excitement to draw others in,” said Sharon Solfest, director of E-commerce for American Express Retirement Services.

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