Products August 31, 2004

Fidelity to Offer RolloverSystems IRA Products

August 31, 2004 (PLANSPONSOR.com) - RolloverSystems, Inc, a provider of technology programs for rollovers, announced that Fidelity Investments will offer individual retirement account (IRA) rollover products and services through the RolloverSystems Network.
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Using RolloverSystems’ technology, a 401(k) plan participant can choose a Rollover IRA offer and complete the paperwork needed to transfer funds in as little as 15 to 20 minutes, the company said in a news release.

The partnership with RolloverSystems will enable Fidelity to reach more investors in the market for an IRA and target only those customers they can best serve with customized offers, the announcement said. RolloverSystems currently offers its systems directly to plan participants at  http://www.rollovermarket.com  , as well as through employers and private-label offerings.

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