Products March 1, 2006
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.
Reported by Fred Schneyer
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.