Offer a Retirement Benefit to your Members

Affinity Groups and Trade Associations are now able to offer their own branded IRA program to their membership base.

Why offer an IRA program to your members?

Providing value to your membership is the key to long-term success for your group or association, along with finding additional revenue streams. Inspira works with a number of organizations whose members appreciate and take full advantage of their IRA program. Creating your own IRA program gives your group:

  • A long-term, value-added service for your members
  • An additional revenue stream
  • Increased client loyalty and reliance
  • A leg-up on your competitors

State-administered IRAs are being implemented in eight states in 2017, and traditional retirement plan benefits are being attacked in court rooms across the country. Whether your membership base consists of businesses, individuals, or both, they may well be looking for a retirement savings option from a name they can trust.

Learn About Offering an IRA Program To Members

Why create an IRA program with Inspira?

Inspira makes it easy to start offering Individual IRAs, Payroll Deduction IRAs, SIMPLE IRAs and SEP IRAs to your members through your own branded website and account portal. Inspira is the only IRA provider that will provide your Affinity Group or Trade Association with all of these benefits:

  • Fully branded website, portal, and marketing material make the product yours
  • Low-cost IRAs featuring online advice from outside advisory firm
  • Revenue shared to you from employer fees and individual account fees
  • Paperless plan establishment and account opening
  • Fully-staffed call center to answer member questions

Inspira will work with your team to ensure that all web and print materials are designed to your satisfaction. Once a marketing strategy is laid out, Inspira handles the recordkeeping, trading and compliance while you collect revenue and provide your members with a critical retirement benefit.

Learn About Offering an IRA Program To Members

Additional Services for Affinity Groups & Trade Associations

The Inspira Automatic Rollover IRA Solution

Inspira is the only default IRA provider that gives clients choice in a default investment, including the Lincoln Fixed Account with a GMIR of 1.00%. We are also the only IRA provider with a system designed to encourage diversification by Automatic Rollover accountholders. Inspira has provided the following benefits to more than 7,000 Plan Sponsors:

  • Highest-returning default fund in the industry (1.00% GMIR)
  • 30-plus mutual funds and TDFs screened by outside advisory firm
  • Lowest net accountholder expense of any automatic rollover provider
  • No cost to the provider or plan sponsor
  • Fully compliant with Safe Harbor regulations and EGTRRA

Inspira’s solution is designed to give the account holder all of the benefits of a voluntary rollover, despite their status as a forced out client. We keep the account’s best interest at the forefront.

Learn More About Inspira's Auto Rollover Solution

Complete Plan Termination Solution

Inspira has worked on more than 600 Retirement Plan Terminations, including 401(k), 403(b) and 401(a) terminations. We have a proven process for rolling over accounts remaining in a terminated or abandoned plan, including those with balances of more than $5,000:

  • Fully compliant with DOL Field Assistance Bulletins 2004-02 and 2014-01
  • Start-to-finish consultation, including pre-termination
  • Assistance with participant notifications, forms and 402(f) notice
  • Partnership with Ascensus Trust to provide QTA services
  • Pre-termination participant searches to ensure higher success rate

Based on our experience, a typical plan termination takes 2-to-3 months. If your firm has already sent the appropriate notifications, that timeline can be cut down significantly.

Learn More About Inspira's Plan Termination Solution

Outsourced IRA Recordkeeping & IRA Rollover Capture

At what account size does your firm cease to turn a profit? $100,000? $50,000? How many times have you had to say no to, or simply lost money on, accounts below that minimum? What if you could start profiting on all accounts, regardless of size? Inspira will help you create your own IRA product to do just that:

  • Private-labeling and full customization makes the product yours
  • Revenue shared to you from account fees
  • Inspira handles all recordkeeping and account servicing, including calls
  • Ability to create your own RoboAdvice piece
  • Open architecture platform allows for use of virtually any fund
  • Paperless plan establishment and account opening

Inspira makes it easy to start generating profit on all balances and potential rollovers through your own branded portal. We handle all the recordkeeping, trading and compliance while you continue to collect revenue doing what you already do.

Get Started Outsourcing IRAs with Inspira Today