Pension Disbursements with the PeopleComeFirst® Benefit Payments System

Especially designed for trust departments of financial services firms and larger client organizations that administer their own pension disbursements, the PeopleComeFirst Benefit Payments System is the most robust of its kind available today.

The PeopleComeFirst Benefit Payments System is a comprehensive, flexible system especially designed for administering large-volume disbursements of benefit payments. No other system offer its full range of features and functions, which include:

• Extensive Processing for Periodic and Non-periodic Payments
  
  
• Complex Tax Support, including Federal, State, Local, and NRA Taxes
  
  
• Comprehensive Client Access Menu
  
  
• Unlimited Number of Sources and Deductions Per Account
  
  
• Powerful Direct Deposit Capabilities
  
  
• Detailed Audit Trails that will Satisfy Both Internal and External Auditors
  
  
• Third-party Disbursement Processing
  
  
• On-line Payment History and Check Reversal

And, the PeopleComeFirst Benefit Payments System is available as either licensed software or through Outsourcing arrangement.

Choosing to outsource PeopleComeFirst Benefit Payments means relief for financial services firms and other large companies from the burden of managing, processing, and distributing lump-sum and periodic pension, annuity, and disability disbursements.

Through the Web-accessible outsourcing, firms can streamline their operations, reduce costs, and concentrate on other strategic activities. The information is entered directly into the system without the need for paperwork, eliminating the inefficient cross checking from third parties for data entry. By opting for the check printing and distribution service to issue checks and handle distribution, costs are lowered through taking advantage of our economies of scale.

Click here to request additional information about any PeopleComeFirst product or service.

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