Trending...
- RJ Grimshaw Launches "The AI EDGE" A Practical Guide Where Leadership Meets Innovation
- Cancer Survivor Roslyn Franken Marks 30-Year Milestone with Empowering Gift for Women Survivors
- Probate Shepherd® Announces a New Member Probate Attorney in Conroe, TX
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight Solutions, a leading cloud-based provider of integrated digital human capital and business solutions, is pleased to announce that it will team with Accenture Federal Services (AFS) to provide defined contribution recordkeeping for the Federal Thrift Savings Plan (TSP).
As announced on November 16, the Federal Retirement Thrift Investment Board concluded its Recordkeeping Services Acquisition (RKSA) with an award to Accenture Federal Services. Alight will work with Accenture Federal Services to provide recordkeeping, administration and support to the approximately 6.1 million Federal employees and uniformed service members who participate in the TSP.
"Alight's long history of administering large, complex defined contribution plans has helped millions of U.S. workers save for a more secure retirement." said Stephan Scholl, CEO at Alight. "We are honored to be selected to team with AFS to help advance the critical work of TSP in ensuring the long-term savings and retirement readiness of millions of Federal workers and members of the uniformed services."
More on illi News
Under the terms of the contract, TSP participants will benefit from the innovation and investments available from a scaled commercial provider. Examples of new features for TSP participants include access to a mutual fund window, a mobile app, and electronic signature capabilities. In addition, Alight will partner with Retirement Clearinghouse to provide roll-in concierge services to participants interested in moving over retirement savings from prior employer plans.
"Alight is proud to serve the dynamic and diverse TSP participant and beneficiary population," said Alison Borland, executive vice president and wealth solutions leader at Alight. "Alight's integrated and highly personalized solutions focused on improving total wellbeing and retirement readiness, coupled with our long-standing commitment to work in the best interest of participants will have a positive impact on the retirement outcomes for TSP members for years to come."
About Alight Solutions
Alight unlocks enterprise growth for the world's most influential companies with future ready human capital and business solutions. We combine industry leading data and insights with unmatched depth and operational expertise to improve the employee experience and optimize cloud-enabled business processes. Our 15,000 colleagues proudly serve thousands of clients and their more than 30 million employees and family members throughout 180 countries. Learn how Alight helps organizations of all sizes, including over 70% of the Fortune 100, achieve next level transformation at alight.com.
As announced on November 16, the Federal Retirement Thrift Investment Board concluded its Recordkeeping Services Acquisition (RKSA) with an award to Accenture Federal Services. Alight will work with Accenture Federal Services to provide recordkeeping, administration and support to the approximately 6.1 million Federal employees and uniformed service members who participate in the TSP.
"Alight's long history of administering large, complex defined contribution plans has helped millions of U.S. workers save for a more secure retirement." said Stephan Scholl, CEO at Alight. "We are honored to be selected to team with AFS to help advance the critical work of TSP in ensuring the long-term savings and retirement readiness of millions of Federal workers and members of the uniformed services."
More on illi News
- Multi-Signature Cold Storage: Keyanb Introduces Institutional-Grade Asset Protection for Chilean Crypto Traders
- NKSCX Introduces Zero-Knowledge Proof of Solvency for U.S. Traders Amid $6.5 Billion Fraud Crisis
- New Oasis International Foundation Announces Strategic Partnership Network Across 15 Countries to Advance Community-Led Economic Development
- Some Music for Donald's Bad Day
- New You Smile Dental Implant Center Expands Office
Under the terms of the contract, TSP participants will benefit from the innovation and investments available from a scaled commercial provider. Examples of new features for TSP participants include access to a mutual fund window, a mobile app, and electronic signature capabilities. In addition, Alight will partner with Retirement Clearinghouse to provide roll-in concierge services to participants interested in moving over retirement savings from prior employer plans.
"Alight is proud to serve the dynamic and diverse TSP participant and beneficiary population," said Alison Borland, executive vice president and wealth solutions leader at Alight. "Alight's integrated and highly personalized solutions focused on improving total wellbeing and retirement readiness, coupled with our long-standing commitment to work in the best interest of participants will have a positive impact on the retirement outcomes for TSP members for years to come."
About Alight Solutions
Alight unlocks enterprise growth for the world's most influential companies with future ready human capital and business solutions. We combine industry leading data and insights with unmatched depth and operational expertise to improve the employee experience and optimize cloud-enabled business processes. Our 15,000 colleagues proudly serve thousands of clients and their more than 30 million employees and family members throughout 180 countries. Learn how Alight helps organizations of all sizes, including over 70% of the Fortune 100, achieve next level transformation at alight.com.
Filed Under: Business
0 Comments
Latest on illi News
- All About bail Bonds Expands Presence to Serve Houston Families
- Thousands to Ride to L.A. Children's Hospital This Halloween Night
- Essential Living Support Opens First VA Medical Foster Home in Cheyenne, Wyoming
- Stainless Steel Liquatite® Now UL Listed
- Various Measures Intrroduced To And Approved By The Chicago City Council
- Six-Figure Chicks Book Series 96 Authors, 6 Volumes Published to Empower and Mentor Women Nationwide
- LSC Destruction Launches Cutting-Edge Cryptocurrency Scanning to Hard Drive Destruction Services
- Mayor Brandon Johnson Presents The Protecting Chicago Budget
- Hidden Dangers of "Cash for Keys" Offers What Homeowners Should Know Before Agreeing to Leave
- $150 Million Financing Initiates N A S D A Q's First Tether Gold Treasury Combining the Stability of Physical Gold with Blockchain $AURE
- Podcast for Midlife Women Entrepreneurs Celebrates 100th Episode with Rhea Lana's Founder and CEO
- What If Help Could Come Before the Fall?
- Digi 995: Spookyverse — Unlocking the Multiverse of the Digiverse
- ENERICom Channel Releases EPISODE 5 "Pure Michigan in Autumn"
- OddsTrader Examines the NHL Presidents Trophy Curse: Why Regular-Season Success Rarely Leads to Playoff Glory
- Bookmakers Review Launches Betting Insights on NBC's "The Voice: Battle of Champions"
- Coming Up this Weekend on CNBC Mike Milligan Joins Tom Hegna on "Financial Freedom with Tom Hegna"
- Chicago: Mayor Brandon Johnson, BACP Announces Request For Proposals For Driver Resource Center
- Mayor Brandon Johnson, Department of Streets and Sanitation, And Chicago Public Library Expand Food Scrap Drop-Off Program To 13 New Library Locations
- Mayor Brandon Johnson Announces the Return Of "Chicago Fall Fest" From Oct. 17-Nov. 2, Featuring Hundreds Of City-Supported Events For Youth and All Residents