FSTC helps companies eliminate the burden of participant distributions, pension payments, loan withdrawals, and other taxable and non-taxable distributions. FSTC Payment Specialists will work beside you to ensure a prompt, accurate benefit payments solution. Our services include:

  • Recurring and lump sum payments as directed
  • Monthly Electronic Pension Register
  • ACH and Check Payment Options Available
  • Tax Withholding and Annual 1099-R for Payees
  • Annual Death Audit for Deceased Pensioners
  • Online Access to Retiree Information and Payment Data
  • Full-Service Option Available with Pensioner Call Center

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Click here for information about our trust and custody services for Institutional clients, including Qualified Employee Benefit Plans, Non-Qualified Plans, Endowments & Foundations, and Escrow Agency Administration.