Hello, we're Manifest.
We're working towards a future where consolidating old retirement accounts is a breeze.
Understanding Participant Behavior
Katie made decision to rollover
If Katie's employer offers her Manifest, she can maximize her retirement outcomes.
Meet Katie. She's a mother, world traveler, marketing whiz & investor.
Family
Career
Lifestyle
Investment
Katie has a multi-faceted lifestyle with ever evolving priorities.
Throwing a birthday party for her kid
Calling her best friend
Preparing an important presentation
By rolling over her accounts, Katie can expect an extra 36% within 10 years.
Other possible risks
Multiple Accounts
Potential Fees
VS
Consolidating By Herself
Consolidating With Manifest
Consolidating By Herself
1
Information Gathering
Katie must learn about her providers rollover process by herself.
15 days
- Call provider
- Conduct personal research
- Reach out to old HR contacts
- Setup appointment with provider
- Request form(s), often in mail
-$40
Calls during the workday can take two hours including holding @ $20 per hour.Consolidating With Manifest
1
Information Gathering
Katie submits her information to our app. Manifest knows her provider's specific rollover process from research and experience.
10mins
Katie does not have to call and set up appointment with provider nor reach out old HR contacts. Manifest will help her hunt down old accounts and connect the designated provider$0
Consolidating By Herself
2
Identity Verification
Katie has to contact her old provider to verify her identity and ensure issues on her account are resolved.
10 days
- Fill out form(s)
- Mail form(s) back to provider
- Phone identity verification
- Ensure direct rollover eligibility
-$1,250
1 in 4 indirect transfers under $15,000 incur a $5,000 tax bill.Consolidating With Manifest
2
Identity Verification
Manifest uses 25+ automated data checks to confirm Katie's account details and ensure her account is eligible for a direct rollover.
1min
Manifest runs 25+ automated checks to minimize her liabilities.$0
Consolidating By Herself
3
Plan Verification
Katie must initiate the rollover herself, and deal with the complex issues that may arise.
15 days
- Ensure asset classification (Roth vs pretax)
- Troubleshoot any issues with form(s)
- Organize conference call with two providers
- Unexpected issues (e.g., loan on account)
-$40
Calls during the workday can take two hours including holding @ $20 per hour.Consolidating With Manifest
3
Plan Verification
Manifest assigns Katie a registered financial advisor, who takes charge and works with Katie's provider to initiate the rollover.
9 mins
Katie can relax let Manifest handle the rest. She will be informed for any issue or follow up actions required. Our registered financial advisor will work with her to continue the transfer.$0
If anything comes up, Manifest's registered financial advisors are ready to support.Consolidating By Herself
4
Account Transfer
When her check arrives, Katie has to buy mailing materials and go to the post office.
20 days
- Buy mailing materials
- Understand specific deposit process
- Go to post office
- Deal with deposit issues
-$7.50
Drive to the post office for envelopes and postage. At times you'll even have to find a fax machine.Consolidating With Manifest
4
Account Transfer
Manifest sends Katie a forwarding envelope for her check.
14 days
Manifest does all of the heavy lifting and tracks your transfer until it successfully completes.$0
We find the fast way to transfer your account. If Katie needs an envelope, we'll mail a prepaid one to her address.Manual Transfer is completed
After two months worth of climbing a steep learning curve, Katie has completed her transfer. Katie is out of money and time and is left wondering why she bothered.
Assisted Transfer is completed
Katie's consolidation journey was easy and stress-free, thanks to Manifest. She's very thankful for having an employer who cares for its employees' future like hers.
Make an impact
Over 15 years, consolidation can can grow accounts by an additional $8,800.
Create traction
Our application has helped hundreds of participants and transferred millions in assets.
Reduce cash outs
Manifest reduces cash outs by 50% and moves an average of 2.8 old accounts for users.
Boost satisfaction
Users thank their employers an average of 6 times for providing Manifest at no cost.
We're excited to partner! Learn more about Manifest's impact and options for your organization by emailing hello@usemanifest.com.
