Archimedes Systems, Inc.

New RothRetirement.com Website Helps Consumers Understand the 2010 Roth IRA Opportunity

FOR IMMEDIATE RELEASE

Waltham, MA – June 23, 2009 -Convergent Retirement Plan Solutions, LLC, of Brainerd, MN, and Archimedes Systems, Inc., of Waltham, MA, announced today that they have jointly launched a website, RothRetirement.com, to help educate consumers about the 2010 Roth IRA conversion opportunity.  The new site includes a library of short educational clips on the 2010 Roth IRA conversion opportunity, a compendium of nearly 100 frequently asked questions, a consumer version of their Roth IRA Conversion Optimizer calculator, and numerous links to additional on-line Roth articles and resources.
    
“Thanks to changes in federal tax law, millions of American taxpayers will gain access to the Roth IRA conversion option beginning in 2010,” said Ben Norquist, president of Convergent.  “With retirement confidence at an all time low, the decision of whether to convert a portion of one’s retirement savings to a Roth IRA is arguably one of the most crucial decisions many investors will make in the foreseeable future.”

According to Warren Hadley, president of Archimedes Systems, the launch of RothRetirement.com comes at a perfect time.  “There is a real thirst for guidance in this area, and we’ve arranged the information and the calculator in a very user-friendly way,”  Hadley said.  “The calculator featured on the new website will help investors gain a better understanding of the significant impact that a full or partial Roth IRA conversion can have on their overall retirement outlook."

“Unfortunately, most conventional tools assume that the Roth IRA conversion decision is an all-or-nothing proposition,” Norquist added.  “We believe it’s important for investors to understand that partial Roth conversion is a viable option and that the optimal conversion level is different for each investor based on his or her personal outlook and financial goals.”

The knowledge and technology behind RothRetirement.com may also be licensed by financial services companies that are looking to enhance their Roth messaging and help their investors and financial advisors develop a sound Roth IRA conversion strategy.  The advisor version of the Roth IRA Conversion Optimizer calculator was launched in March 2009, and is available in a branded, turnkey format as well as in a fully customized format.  In addition, Convergent offers an integrated suite of Roth-focused business development tools, including advisor and consumer workshops and educational content.  

About Convergent
Convergent Retirement Plan Solutions, LLC, is a firm comprised of seasoned retirement industry veterans dedicated to creating tailored compliance, education and business development solutions for the retirement services industry.  The principles of Convergent have hands-on experience in virtually all aspects of the retirement services industry from retirement product design and development to marketing, sales and distribution, to servicing and administration. For more information, visit www.convergentrps.com or call 218-824-4903.

About Archimedes
Archimedes is a leading provider of web-based college, retirement planning, personal finance, decision support tools and personalized communications tools and services that inform, educate, and motivate employees,  participants, advisors and individuals.  Since 1991, Archimedes has been providing services and designing, building, and hosting customized applications for Fortune 500 and other clients.   For more information, visit www.archimedes.com or call 781-647-1110.