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Products July 16, 2008
se2 Helps 403(b) Vendors Connect
July 16, 2008 (PLANSPONSOR.com) - se2
(service.end2end), a provider of business technology and
processing solutions for the financial services and
retirement planning sector, has introduced a fully automated
403(b) solution to help product providers comply with new
Internal Revenue Service (IRS) rules.
Reported by
Rebecca Moore
According to a press release, 403(b)connect gives mutual fund and annuity product providers the ability to identify, connect, and aggregate their 403(b) accounts, and the ability to interface with plan sponsors and third party administrators.
The solution includes customer service interfaces, transaction validation, audits, and plan reporting.
403(b)connect requires minimal IT support and can be implemented with no changes to legacy platforms, the announcement said.
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