LPL Adds Rollover Solution to Worksite

Millennium designed the rollover solution to save advisers and plan sponsors time, money and personnel resources while adding employees to a retirement plan.

The tool also helps preserve the tax deferred status of retirement savings for employees terminated from a plan, says Terry Dunne, Millennium’s managing director of automatic rollovers.

The wider Worksite provides an end-to-end solution for retirement plan sponsors and advisers to promote participants’ financial wellbeing through education, advice and account management services.