Nationwide Adds Payroll Tools to Site

December 3, 2001 ( - Plan sponsors who administer deferred compensation plans from Nationwide Retirement Solutions might find processing employee contributions a little easier following the addition of two online payroll tools.

The tools, available on the company’s Web site ,  include:

  • a data submission tool enabling plan sponsors to update participants’ contribution amounts online
  • the ability to transfer contribution files from their desktops to Nationwide Retirement Solutions.

The new tools also provide industry news, market news, and interactive planning calculators for the 1.5 million participants in the group’s plans.