PensionBee Expands Access to Automatic Rollover IRA Solution Through T. Rowe Price Retirement Platform
PensionBee (OTCQX:PBNYF) announced that its Automatic Rollover IRA solution will be made available to eligible T. Rowe Price retirement plan clients as a designated force-out provider for small balances below $7,000.
Rhea-AI Summary
PensionBee (OTCQX:PBNYF) announced that its Automatic Rollover IRA solution will be made available to eligible T. Rowe Price retirement plan clients as a designated force-out provider for small balances below $7,000. T. Rowe Price Core Market clients can compare and select force-out providers via a digital platform at no additional cost.
The integration enables plan sponsors to direct sub-$7,000 accounts into PensionBee’s offering, which includes access to human support, a digital planning app, and ETF-backed portfolios. PensionBee expects availability to extend to large institutional clients in 2027 and currently manages over $11 billion for nearly 330,000 customers globally.
Positive
- Access to T. Rowe Price platform for Automatic Rollover IRAs serving eligible retirement plan clients
- Designated option for sub-$7,000 force-out balances potentially capturing a share of growing small 401(k) rollovers
- No additional cost for T. Rowe Price Core Market clients to review and select PensionBee as a force-out provider
- Scaled existing business with over $11 billion in assets and nearly 330,000 customers supporting platform credibility
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, Sept. 01, 2026 (GLOBE NEWSWIRE) -- PensionBee, a leading online retirement provider, announced that its Automatic Rollover IRA solution will be available to eligible T. Rowe Price retirement plan clients. Existing and new T. Rowe Price clients can designate PensionBee’s award-nominated offering as a force-out provider of choice for small balances below the
“Plan sponsors process billions in small balance rollovers, but often have little oversight into where these accounts end up or what happens to the balances following the force-out,” said Helene OBrien, VP, Employer Partnerships at PensionBee. “Given the steady growth of forgotten retirement accounts, it’s increasingly important for administrators to prioritize their force-out process, and feel good about their force-out partner.”
Small balances under
“The addition of PensionBee’s Automatic Rollover IRA gives eligible clients another option to consider when evaluating their force-out provider,” said Wendy Brown, VP, senior offer manager at T. Rowe Price. “The digital experience provides clients with information to help compare available providers and determine which option best aligns with their plan’s needs.”
At no additional cost, T. Rowe Price’s Core Market clients can review force-out providers through the portal. The digital interface streamlines the comparison and assessment process, allowing administrators to evaluate whether their existing relationship meets their needs — and makes it easier to select an option that is aligned with current organizational goals.
PensionBee’s addition to the platform allows administrators to set former participants up with access to free human support (Beekeepers), an award-winning digital app with planning tools, and competitive yields that support growth even for accounts that are not under active management. PensionBee’s offering will become available to large institutional clients in 2027.
About PensionBee
PensionBee (LON:PBEE; OTCQX:PBNYF) is a leading retirement savings provider, helping people easily consolidate, manage, and take control of their retirement savings. The company manages over
Notes
The information provided in this announcement, including any projections for investment returns and future performance, is for informational and educational purposes only and should not be considered investment advice. Past performance is not indicative of future results. All investments carry risk, including the potential loss of principal. PensionBee is not liable for any losses or damages arising from the use of this information. Projections and forecasts are based on assumptions and current market conditions, which are subject to change.
Investing involves risk.
The information and data set out above, including any projections for investment returns and future performance, is provided solely for informational and educational purposes and should not be relied upon for making financial decisions. Nothing presented here constitutes tax, legal, financial or investment advice. This information does not take into account the specific financial, legal or tax situation, objectives, risk tolerance, or investment needs of any individual investor. All information provided is compiled from publicly available data and research at the time of posting or PensionBee privately commissioned research obtained through third party survey providers. Images, figures, and projections used are derived from the data described, are provided for informational and marketing purposes only and do not represent actual customer returns. Projections and forecasts are based on assumptions and current market conditions, which are subject to change. This information, and any associated customer testimonial or third party endorsement, does not constitute an offer, solicitation, or recommendation to buy or sell any securities or investments. Your investment is at risk. Past performance is no guarantee of future results. PensionBee is not liable for any losses or damages arising from the use of this information.
PensionBee Inc. is registered with the Securities and Exchange Commission as an investment adviser. We do not provide in-person advice. PensionBee Inc (Delaware Registration Number SR20241105406 ) is located on 85 Broad Street, New York, New York, 10004.
Media Contact:
Adela McVicar
SR PR Manager, PensionBee
adela.mcvicar@pensionbee.com
