mPower, Wealth Management Release Rollover Tool

November 4, 2002 ( - mPower and Wealth Management Systems have released a new IRA rollover tool.

The new product, dubbed IRA (Integrated Retention of Assets), is a Web-based program that facilitates defined contribution (DC) plan-to-IRA rollovers.  

The service allows defined contribution plan participants to process their rollover on the current financial institution’s Web site, where they receive signature-ready documents and the transfer of their 401(k) assets to the new Individual Retirement Account.  

The service also offers:

  • Education on rollover options
  • Investment strategies
  • Advice during each life stage