OneEleven and Manifest Announce Strategic Partnership to Maximize Retirement Outcomes
Many Americans face challenges in maximizing their retirement savings, often leaving accounts scattered and growth untapped. With nearly 75% of individuals struggling to consolidate their retirement funds efficiently, their ability to retire remains uncertain.
OneEleven, a premier financial wellness app, and Manifest, the first and only plan-to-plan 401(k) transfer tool, are pleased to announce a strategic partnership to enhance retirement outcomes for OneEleven's members. This collaboration leverages OneEleven's commitment to financial wellness and Manifest's expertise in consolidating retirement accounts to maximize savings for participants.
Financial stress is a massive problem in today's complex financial landscape, where effective retirement planning is more critical than ever. OneEleven has a unique psychology-based approach with a dedicated team of coaches customized for each employer, differentiating them from 99% of other solutions in the space. Their gamified mobile app complements this by providing personalized financial plans, budgeting tools, educational videos and real human coaching, ensuring employees develop healthy money habits and can make informed financial decisions. Additionally, they maintain very close relationships with their employer clients, creating the opportunity to educate on existing employee benefits and have retirement-related conversations.
With Manifest, members have a trusted option for consolidating multiple retirement accounts into a single, manageable account, reducing fees and growing account balances for participants. It's a way for OneEleven's coaches to turn education into action and help serve their population. This also presents Manifest the ability to increase engagement rates by providing OneEleven members with a simpler way to take an important step in their retirement planning.
OneEleven's holistic approach to financial wellness, combined with Manifest's seamless account consolidation, presents an opportunity for further innovation. Together, OneEleven and Manifest aim to empower individuals with a comprehensive suite of tools and resources for a secure retirement.
"We love solutions that simplify daunting financial tasks for people. Manifest does exactly this, making it easier than ever for our members to consolidate their retirement accounts. Our members love Manifest and feel empowered to take charge of their financial futures," said Dani Pascarella, CEO at OneEleven. "After going through Manifest's user journey, our members are more likely to build on their success and take additional action steps to improve their financial futures."
At the core of this partnership is the shared goal of maximizing the growth potential of participants' savings. OneEleven's focus on financial education and wellness, coupled with Manifest's unique ability to locate and efficiently transfer old accounts, offers a comprehensive solution that simplifies retirement planning for millions of Americans.
"Finance should enable people to live their lives, never control it," said Anuraag Tripathi, CEO of Manifest. "Employers and providers play a crucial role in fostering better financial outcomes for real people. Our partnership with OneEleven is a significant step toward delivering holistic and accessible financial wellness and retirement planning solutions."
OneEleven Financial Wellness is a mobile app that helps employees of all ages and stages reduce their daily financial stress in a way that's accessible and fun, making them happier at home and more productive at work. Employers purchase OneEleven as an employee benefit and employees receive access to OneEleven's easy-to-use, gamified mobile app where they can create a personalized plan to achieve their top goals and make the most of their existing benefits with support and accountability from a dedicated human coach.
Manifest is the first and only solution for plan-to-plan 401(k) transfers. Their free, cloud-based platform digitizes retirement transfers, making it easy for participants to consolidate accounts, maximize savings, and streamline the path to a secure retirement.
For more information about this partnership and how it can benefit your retirement planning, please visit usemanifest.com and oneeleven.co.