Create Pension Proposals Including New Comparability And Age Weighted Via The Internet.SAN FRANCISCO--(BUSINESS WIRE)--Oct. 5, 1999-- Flex-Soft, a leading provider of software to the pension industry, introduced Pensiononline.com, a suite of web based Coming from a Web server. See Web application. tools for the defined contribution industry. Our overall purpose in developing Pensiononline.com is to provide existing and future clients with solutions using the ultimate communications medium -- The Internet. Pensiononline.com's PscNet is the first web-based pension proposals system. The system provides retirement specialists with the tools needed to effectively illustrate the financial and tax advantages of a particular qualified plan. This Internet-based system will produce proposals that compare and analyze several qualified plans including Age Weighted and New Comparability. It provides an instant, on-demand secure online, affordable proposal solution to benefit professionals. PscNet's Features include: --Internet Based Proposal System --Discrimination Test Analysis --Cross-Tested Analysis --Transactional--Pay as you go --Secured Transactions --Cross-team Communication & collaboration --No software installation Prospective clients will invariably in·var·i·a·ble adj. Not changing or subject to change; constant. in·var  i·a·bil ask for a plan design to maximize the key employees' benefit and still minimize the overall contributions into the plan. The system can easily help the user design a plan with a particular budget, or a plan that will benefit the owner and other employees, or just the owner. PscNet has the ability to illustrate the Age Weighted and the New Comparability cross-tested plans. These new plan designs can provide employers with planning opportunities not found in other plans. PscNet also calculates The Equivalent Benefit Accrual accrual, n continually recurring short-term liabilities. Examples are accrued wages, taxes, and interest. Rates (EBARS), The Average Benefit Percentage Test, The Ratio Percentage Test, and The General Tests as described in IRC (Internet Relay Chat) Computer conferencing on the Internet. There are hundreds of IRC channels on numerous subjects that are hosted on IRC servers around the world. After joining a channel, your messages are broadcast to everyone listening to that channel. 401(a)(4). PscNet can be accessed anytime, anywhere. Because the software resides on the Pensiononline.com server; there is no investment in hardware or software associated with such advanced technology. A browser browser Software that allows a computer user to find and view information on the Internet. The first text-based browser for the World Wide Web became available in 1991; Web use expanded rapidly after the release in 1993 of a browser called Mosaic, which used and Internet access See how to access the Internet. are the only requirements. The fact that Pensiononline.com is managing only one version of the software, it can develop and distribute frequent upgrades. This keeps its clients current with the latest plan and legislative changes. Why401k.com(R) Why401k.com(R) is the easiest way to create personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. communication material for plan participants Plan participants Employees or other beneficiaries who are eligible to receive benefits from a company's employee benefit plan. . It provides tools to help participants make informed decisions about ongoing contributions to their plan. The system that generates employer and employee reports illustrating the financial impact of selecting various options in tax qualified salary reduction pension plans such as 401(k), 403(b) and 457 plans. It is the simplest and most efficient means of creating personalized paycheck illustration and individualized in·di·vid·u·al·ize tr.v. in·di·vid·u·al·ized, in·di·vid·u·al·iz·ing, in·di·vid·u·al·iz·es 1. To give individuality to. 2. To consider or treat individually; particularize. 3. enrollment forms for plan participants. These tools can also aid plan sponsors with plan design considerations. Currently Pensiononline.com is offering these tools free to the first 10,000 visitors. About Flex-Soft, Inc. Flex-Soft, Inc is a leading provider of proposal software for the pension industry. Flex-Soft provides comprehensive software solutions enabling businesses to facilitate employees' retirement planning Retirement financial planning refers to a collection of systems, methods, and processes which, in their aggregate, support a family unit's (client's) desire to achieve a state of financial independence, such that the need to be gainfully employed is optional. needs. Our goal is to help our clients illustrate the features and communicate the benefits of qualified retirement plans to both employers and employees. SOURCE: DigitalWork ( http://www.digitalwork.com ) WHERE SMALL BUSINESS GOES TO WORK |
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