Intuit, Principal Team Up For QuickBooks Offering

October 3, 2001( - The Principal Financial Group and Intuit Inc will jointly market and develop QuickBooks-branded retirement solutions for small and mid-sized plan sponsors.

Retirement services from The Principal will be available to QuickBooks customers in the coming weeks. Future releases of QuickBooks will automate data transfer and simplify administration of the retirement solutions.

Under the agreement, Intuit will co-brand and market the new service to small- and mid-sized businesses, including its nearly three million existing QuickBooks customers.

The Principal Financial Group will deliver leading bundled retirement solutions, offering customers choice from a full spectrum of 401(k), SIMPLE IRA and SEP IRA plans.