NestUp Managed Deferrals® Connects Wealth, Health Benefits

FAIRPORT, N.Y., Nov. 8, 2017 /PRNewswire/ -- Fragmented wealth and health solutions block employers and employees from achieving their goals, asserts health benefits veteran David Creen. Earlier this year, he took on the role of Vice President of Business Development at Perspective Partners, LLC, an innovator in integrated benefits decision support in Fairport, NY, that launched the NestUp Managed Deferrals benefits platform.  

"So many platforms out there educate employees on financial wellness and retirement benefits, but NestUp Managed Deferrals takes it much farther," he says. "NestUp is the only tool that engages, educates and executes employee health and wealth decisions."

Creen left a long, successful career in the IT health benefits world where he previously served as Director, Enterprise Accounts for Benefitfocus, and also held executive roles at Thomson Reuters health information services and Pfizer employer health benefits.

With Perspective Partners, he joined a focused, dynamic sales team including industry veteran Bart Ballinger who joined in 2016 as VP of Sales coming from EMPOWER. Both Creen and Ballinger are committed to educating employers, brokers and advisors about the benefits of their unified platform.

Perspective Partners Stretches Benefit Dollars

Perspective Partners launched NestUp Managed Deferrals in 2013, well ahead of the health-wealth benefit convergence wave. Creen also recognized the market trend and joined Perspective Partners, eager to help employers and employees reap the benefits of NestUp Managed Deferrals by stretching their benefit dollars and saving money on payroll taxes.

"Employees make better decisions about their benefits savings and spending when all of their information related to 401(k)s and HSAs is in one place," he says. "NestUp Managed Deferrals accomplishes this with two clicks of the mouse." 

Unified View of Benefits
Creen believes the trend towards health savings accounts will continue to accelerate as more employers and employees understand the power of HSAs to save for health expenses now and in retirement. NestUp Managed Deferrals illustrates how one can spend less on healthcare effectively and elegantly.

"Most employers and employees look at HSAs like a flexible spending account – they use it to pay for ongoing expenses not covered by their plan," says Creen. "However, the power of HSAs is that you can save money for your current and future expenses. HSAs aren't subject to required minimum distributions in retirement and can be used to pay Medicare Advantage premiums and long-term care insurance premiums."

About NestUp Managed Deferrals^®

NestUp Managed Deferrals offers a seamless and simplified benefits decision support and guided selection solution for both employers and employees, disrupting the current fragmented benefits management system. The platform creates a strong foundation for holistic personalized benefit management, saving money and effectively deploying benefit dollars.

Perspective Partners launched NestUp Managed Deferrals as a decision support tool to empower employers and employees to achieve their retirement, health and financial wellness goals. By clarifying benefits choices and maximizing deferral dollars across 401(k) and HSA programs, NestUp Managed Deferrals offers significant benefits to employers and employees.

To schedule a demo of the NestUp Managed Deferrals^® platform, call David at (734) 649-6064.

NestUp Managed Deferrals^® is a service of Perspective Partners, LLC, a wholly owned subsidiary of Manning & Napier, Inc., (stock symbol: MN), an independent investment advisory firm serving individual and institutional clients for more than 45 years.

SOURCE Perspective Partners, LLC

Related Links

https://www.perspectivepartners.com