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View More Press Releases by EvoShare

Press release:

EvoShare and iJoin Partner to Bring a Unique Benefit to Retirement Plan Participants

Issued by: EvoShare

Date: July 29, 2020

 EvoShare, a microsavings oriented FinTech startup based in Berkeley, CA, and LDI-MAP LLC (d.b.a. iJoin), a uniquely personal, goal-based retirement plan experience for employees, headquartered in Scottsdale, AZ, are announcing their partnership to add a unique benefit to iJoin’s participant experience. This partnership with iJoin, one of the most rapidly adopted retirement plan technologies in the industry, provides retirement investors an easy path to saving more for their financial future, powered by their existing spending habits.

EvoShare’s proprietary system turns a percentage of every dollar spent at over 10,000 partnered local and online stores into additional contributions for a financial savings account like a 401(k), 529 College Savings Plan or HSA. This, combined with iJoin’s personalized, goal-based enrollment, engagement, and managed account program, can help drive participant engagement, satisfaction and success.

“iJoin’s technology, like EvoShare’s, delivers a one-of-a-kind experience for retirement savers and the retirement industry. Together, we can help millions of American workers figure out and ultimately achieve their retirement goals,” said Eugeny Prudchyenko, CEO of EvoShare.

iJoin is a personalized, goal-based retirement plan experience for investors at every step of their savings journey. iJoin considers dozens of personal data points including each person’s income, savings, age, location, gender, and retirement destination to calculate their retirement funding goal. This immediate clarity initiates suggestions to optimize individual savings potential to reach their retirement income goal. For recordkeepers using iJoin, it just got much easier to offer a powerful new incentive for enrollment and re-enrollment.

iJoin’s CEO Steve McCoy added, “When it comes to saving for retirement, every additional dollar matters. Evoshare’s mission to capture a portion of everyday spending and convert that to additional retirement contributions aligns with our core goal of helping savers know–and reach--their retirement funding goal.”

EvoShare’s revolutionary platform for recapturing spending as additional retirement contributions is another tool in iJoin’s arsenal of retirement outcome personalization. Together, the two platforms will boost employees’ long-term savings success, without sacrificing their present-day lifestyle. 

View More Press Releases by EvoShare

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