Ascensus, Janusea Collab to Offer Streamlined IRA, HSA Solutions
Ascensus currently offers full-service IRA and HSA administration as well as related services for approximately 5,500 financial organizations through its Retirement Products & Solutions (RPS) line of business.
“We’re thrilled to partner with Janusea to bring this innovative solution to our clients,” noted Anna Johnson, head of Ascensus Retirement Products & Solutions. “Janusea believes integration should never be a barrier to innovation and is passionate about unlocking and accelerating financial technology for banks and credit unions. We’re proud to offer this turn-key solution with minimal implementation effort on our clients’ behalf, so banks and credit unions can spend more time doing what they do best and leave the data sharing and reconciliation to us.”
Key highlights of the integrated solution include implementation and onboarding support, data entry error reduction, improved transaction efficiency, and more.
“Technology, expertise, and partnership are shared values for both of our companies, and we are excited to bring real-time, two-way communication with Ascensus to banks and credit unions,” said Kyle Stutzman, CEO and co-founder of Janusea. “Ascensus brings purpose-built IRA and HSA technology to financial institutions and offers expertise in retirement and other tax-advantaged savings accounts. Their partnership to expand services, deepen client relationships, and grow assets at banks and credit unions aligns perfectly with the value Janusea strives for in our business. Through our technology platform, integration expertise, and commitment to partnership, we believe we are stronger when working together.”
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Amanda Umpierrez is the Managing Editor of 401(k) Specialist magazine. She is a financial services reporter with nearly a decade of experience and a passion for telling stories and reporting news. She is originally from Queens, New York, but now resides in Denver, Colorado.