I am writing to express concern that my employer transferred my 401 funds to this company without my knowledge or consent. Unfortunately, I did not receive any notification, such as a statement, from Inspira regarding the transfer of my funds. Although the account has been active, the company's actions have resulted in excessive fees being applied to my account. I am displeased with the level of service I received, particularly the difficulty I experienced when attempting to claim my funds. Furthermore, the lack of provided statements hindered my ability to accurately file my taxes. I strongly believe that regulatory measures should be in place to prevent such incidents. Upon securing my funds, I intend to file a formal complaint.
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Inspira Financial, formerly Millennium Trust Company and PayFlex, provides health, wealth, retirement, and benefits solutions that strengthen and simplify the health and wealth journey. We've worked with thousands of employers, plan sponsors, recordkeepers, third-party administrators (TPAs), and other institutional partners — helping the people they care about plan, save, and invest for a brighter future. We’re relentlessly pursuing better outcomes for all with our automatic rollover IRA services, alternative assets, health savings accounts (HSA), flexible spending accounts (FSA), commuter benefits, emergency savings funds (ESF), and more.See more
