IRALogix Builds Retirement Plan Platform for Small, Midsize Businesses

The Workplace Retirement Plan Portal is intended to automate setup of simplified employee pension plans and other individual retirement accounts.

Fintech provider IRALogix Inc. has launched Workplace Retirement Plan Portal, an online, white-label platform for small and midsize businesses that can automate the creation of individualized retirement accounts and management of contributions.

According to the company, the platform has self-service capabilities and full partner branding; allows for secure data exchange; and eliminates the need for manual processes and paperwork.

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“Retirement access shouldn’t be a luxury only large employers can afford to offer,” said Pete Littlejohn, IRALogix’s president and co-founder, in a statement. “We’re leveling the playing field by giving small and growing business the tools they need to build a better financial future for their employees.”

The platform is designed for simple employee pension plans, savings incentive match plans, payroll deduction IRAs and other kinds of employer-sponsored IRAs.

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