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New York-based Gusto, which provides payroll services to 300,000 businesses, has teamed with Vestwell to provide retirement plan services through an API the firms say will save “time (and money)” on adding a retirement savings options for employees. The integration is available to the more than 1,000 Gusto users who are already using Vestwell according to the announcement.
“Together with Gusto, we’re bringing a modern and user-friendly platform to the small businesses previously excluded from offering an affordable workplace savings program to their employees,” Aaron Schumm, founder and CEO of Vestwell, said in a statement. “The Vestwell and Gusto integration not only provides a flexible offering that can be delivered through advisors and TPAs; it also creates seamless integration across the rapidly expanding state IRA solutions.”
https://www.planadviser.com/vestwell-partners-payroll-provider-gusto-integrated-401k/
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