OAKLAND, Calif., May 7, 2014 /PRNewswire/ -- The Entrust Group, Inc. (Entrust), a pioneer and pacesetter in the self-directed IRA industry, announced today it has partnered with SavedPlus, Inc., a financial company that helps users conveniently save money and meet financial goals through a mobile application. The partnership of these two companies provides mobile app users the ability to easily begin saving money to an Entrust retirement savings account, without fees.
SavedPlus automatically sends a percentage of every purchase a user makes into a desired savings account. Users set the percentage based on their budget and savings needs. Now, users will have the opportunity to select an Entrust retirement account as their destination account with a single click. For individuals that do not currently have an account with Entrust, they can conveniently and securely open an Entrust Roth IRA within the app - at no cost. By choosing to send funds into an Entrust IRA, users will have the opportunity to save money for the future on a tax-free basis, automatically.
"We are excited to be working with SavedPlus in offering a more convenient and affordable way for individuals to save for retirement," says Jason Craig, President of The Entrust Group. "For many Americans, the thought of experiencing a comfortable retirement is rapidly becoming a far-fetched dream. This innovative tool allows people, at any age, to easily and automatically start building the foundation of their retirement savings. Best of all, the IRA account an individual opens with Entrust is completely free, which you cannot find at most traditional financial institutions."
"In January 2014, CNNMoney named SavedPlus one of the 15 best financial sites and apps," states Nikita Brodskiy, CEO of SavedPlus. "Since its launch in May 2013, the app has been saving the average user about $350 per month. By partnering with The Entrust Group, we are now the only solution on the market that allows users to open a new account at a participating financial institution, right from the mobile application."
For more information about Entrust and the SavedPlus app, or to download the free app, visit www.theentrustgroup.com/savedplus.
About The Entrust Group, Inc.
For over 30 years, The Entrust Group has provided account administration services for self-directed retirement plans and has been an acknowledged authority in the field. With locations throughout the US, Entrust's team of professionals are regularly examined to ensure compliance with current state and federal banking requirements, and keep up to date by participating in ongoing educational programs to ensure that the most accurate information is shared with clients. For more information on The Entrust Group, visit www.theentrustgroup.com.
About SavedPlus Inc.
SavedPlus, Inc. is a Mountain View, CA based company that has been providing consumers with a new and unique way to save money every time they make a payment. Through its flagship application, SavedPlus has made it possible for people to effortlessly and automatically save funds on a regular basis. For more information on SavedPlus, visit www.savedplus.com.
- Technology & Electronics