U.S. Bank Adds Roth Option

March 1, 2006 (PLANSPONSOR.com) - Plan sponsors with plans at Minneapolis-based U.S. Bank Institutional Trust & Custody now have the option of adding a Roth 401(k) to their retirement savings offerings.

A US Bank news release said that plan sponsors can bundle the Roth 401(k) with other of its retirement services and products. The Roth 401(k) option is integrated into the recordkeeping sytem, voice response system and the  www.gettingthere.usbank.com Web site.

To help plan participants in determining if the Roth 401(k) option would be beneficial for them, relationship managers have been meeting with clients, the announcement said.

To find out more about the company’s Roth 401(k) offering, call 1-866-681-5052.