ICMA-RC upgrades its managed accounts platform

ICMA-RC, a manager and administrator of retirement plans serving government employees, has enhanced its managed accounts platform to provide “a more personalized and intuitive user experience,” the company said in a release.

Features of the upgrade, which is powered by Morningstar Investment Management, include recommendations customized to participants’ retirement and financial goals, including when they’re able to retire, how to invest their accounts and how to withdraw money in retirement.

It also includes a new Social Security guidance tool that helps participants decide when to start receiving benefits.

In March, ICMA-RC announced that it will transition to the name MissionSquare Retirement.

[More: Half of the money in public DC plans is in just two asset classes]

Retirement confidence holds up amid pandemic

The post ICMA-RC upgrades its managed accounts platform appeared first on InvestmentNews.

As our second lead editor, Cindy Hamilton covers health, fitness and other wellness topics. She is also instrumental in making sure the content on the site is clear and accurate for our readers. Cindy received a BA and an MA from NYU.

You May Also Like

Leave a Reply

Your email address will not be published. Required fields are marked *