BPAS Partners with the SS&C Automatic Rollover Program to Enhance Retirement Plan Servicing
The collaboration between BPAS AutoRollovers and SS&C’s ARP aims to simplify and streamline the administration of mandatory rollovers at the plan level.
Dec 15, 2023
BPAS, a leading provider of retirement and benefits administration services, is pleased to announce its AutoRollovers service has joined with SS&C Technologies’ Automatic Rollover Program (ARP). SS&C’s pioneering platform is designed to revolutionize the servicing needs of Third-Party Administrators (TPAs), recordkeepers, advisory firms, and plan sponsors.
BPAS AutoRollovers provides a hassle-free IRA solution designed for terminated participants facing mandatory distributions from their retirement accounts. This service simplifies the management of mandatory distributions for plan sponsors, with the added benefit of a fully automated distribution process for plans utilizing the BPAS platform. Offering a comprehensive one-stop solution, AutoRollovers saves both time and money.
The collaboration between BPAS AutoRollovers and SS&C’s ARP aims to simplify and streamline the administration of mandatory rollovers at the plan level, providing an efficient and user-friendly solution.
About SS&C Technologies
SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Some 20,000 financial services and healthcare organizations, from the world’s largest companies to small and mid-market firms, rely on SS&C for expertise, scale, and technology.