20th Recordkeeper Deploys iJoin's Goal-based Participant Engagement and MAP Experience - Insurance News | InsuranceNewsNet

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June 4, 2020 Newswires
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20th Recordkeeper Deploys iJoin's Goal-based Participant Engagement and MAP Experience

PR Web

SCOTTSDALE, Ariz. (PRWEB) June 04, 2020

LDI-MAP LLC (d.b.a. iJoin) has announced 20 retirement plan recordkeepers have deployed the platform in less than one year since the introduction of its new product suite. iJoin's personalized, goal-based enrollment, engagement, and managed account program uniquely positions recordkeepers and their advisor partners to help drive plan and participant success. Its combination of speed, personalization, and cost-efficiency is making iJoin one of the most rapidly adopted retirement plan technologies in the industry.

iJoin gives recordkeepers and advisors unparalleled access to trending data that focuses on plan and participant success. Partners can more clearly illustrate how they deliver value by demonstrating trending participation, increases in contribution rates, and the percentage of employees on path to reach their retirement goals. Importantly, iJoin makes it easy for partners to assert their brand and message to reach every participant in every plan through its customizable email campaign builder.

iJoin's CEO Steve McCoy explained, "Forward-leaning recordkeepers and advisors know they need to help drive plan success rather than report on traditional benchmarks. We believe it is the best way to truly differentiate and deliver value. And iJoin is purpose-built to help them deliver on this. We are humbled to get such rapid market validation and to be able to support the evolution of our industry. It's all about outcomes."

iJoin is a personalized, goal-based retirement plan experience for investors at every step of their savings journey. iJoin considers dozens of personal data points including each person's income, savings, age, location, gender, and retirement destination to calculate their retirement funding goal. This immediate clarity initiates suggestions to optimize individual savings potential to reach their retirement income goal.

iJoin's Managed Account Program offers a progressive option to investment managers seeking a QDIA alternative to traditional Target Date Funds. The MAP's investment methodology is founded on Liability Driven Investing principles that have been long deployed in defined benefit plans. In this defined contribution model, LDI takes center stage in modeling each person's retirement "liability" or retirement income sufficiency goal. The calculated target return needed to reach the goal is mapped to each person based on the investment manager's fund lineup. Unlike "set it and forget it" models, iJoin continuously monitors and updates the mapping based on changes to savings rates, account balance, and other factors.

Learn more about iJoin at ijoinsuccess.com.

About LDI-MAP, LLC (dba iJoin)
The iJoin team is committed to personalizing retirement success™ and making it easy for millions of savers to get on a path to better retirement outcomes. As a financial technology partner to the retirement plan industry, iJoin's goal-based retirement plan enrollment experience helps people immediately understand their retirement funding need and encourages action to get on track. iJoin supports financial advisors and recordkeepers with actionable data and tools to more effectively engage both employers and their employees. LDI-MAP (d.b.a. iJoin) is a registered investment advisor with the State of Arizona – 14646 N. Kierland Boulevard, Suite 125 Scottsdale, AZ 85254. Learn more at ijoinsuccess.com.

Read the full story at https://www.prweb.com/releases/20th_recordkeeper_deploys_ijoins_goal_based_participant_engagement_and_map_experience/prweb17165134.htm

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