Products June 3, 2004

Amex Unveils New Rollover Comparison Tool

March 18, 2003 (PLANSPONSOR.com) - Participants have another avenue to consider when deciding what to do with their qualified plan assets when making an employment transition, thanks to American Express Financial Advisors Inc.'s new rollover Web site tool.

Reported by

Eric Hazard

The Rollover Evaluator, http://www.americanexpress.com/rollover , integrates information, education, and modeling to walk participants step-by-step through the a plan-rollover decision process. It offers options, opportunities and action steps tailored to the consumer’s situation.

Participants enter information to provide comparisons between their options. Based on the inputs, information is provided to help the user compare the possible options of taking a cash distribution, leaving the money invested in the plan, or rolling the money into a new 401(k) or IRA.