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Vestwell

0(0 reviews)
Software Status:Active

About Vestwell

Vestwell is a retirement planning software/platform from Vestwell that facilitates 401(k) and IRA management. It combines automated compliance, investment management, and participant engagement tools so that businesses can efficiently administer their retirement plans. Vestwell allows employers to easily onboard employees, manage contributions, and track performance metrics. Its user-friendly interface ensures that both employers and employees can access crucial information about their retirement savings. Additionally, it offers advanced reporting capabilities to keep stakeholders informed about the plan's progress. Key capabilities: automated compliance investment management participant engagement tools onboarding support advanced reporting Best for: employers and HR professionals that need an efficient solution for managing retirement plans.

Vestwell Details

Vendor
Vestwell
Year Launched
2016
Location
360 Madison Ave, New York, NY 10017, US
Deployment
cloud
Training Options
documentation, videos, live online, in person
Countries Served
All Countries
Languages
English, Spanish, French, German, Italian, Chinese, Japanese, Korean, Portuguese.
Users
Employers, Financial Advisors, Financial Institutions, Payroll Providers, Government Agencies, Individual Savers
Industries Served
Human Resources, Payroll Services, Financial Planning, Government Agencies, Educational Institutions
Tags
Retirement Planning, Payroll Integration, Education Savings, Student Loan Benefits, 401(k), Financial Security, Automated Savings

Vestwell's In-App Market Place

Does Vestwell have an in-app market place?

Yes

How many Mini-Apps in the marketplace?

1

Mini Apps

NA

Pricing Options

Free trial
Free version
Request a quote
Promo Offer

Accepted Payment Currencies

USD ($), EUR (€), GBP (£), AUD (A$), CAD (C$), JPY (¥), CNY (¥), INR (₹), RUB (₽), BRL (R$)

Pros & Cons

  • The experience with Vestwell has been very positive, with a strong sense of trust and excellent customer care.
  • Vestwell simplifies the process of saving for retirement and makes it easier to understand how retirement planning works. It is a highly recommended product and software.
  • The platform simplifies the investment process, making it easy to accomplish the desired tasks.
  • The team at Vestwell is responsive and helpful, and the platform functions smoothly with no issues.
  • There were difficulties adding certain credit cards into the interface, which can be frustrating.
  • The platform did not provide clear indicators when exceeding the annual contribution limit, and it was unclear what steps to take once the limit was reached.
  • 401k implementation can be complex and confusing, often leading to the perception that it is difficult regardless of the platform used.
  • There is a lack of available reports, and no individual financial advisory services are offered, even for users willing to pay for such assistance.

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