We are a FinTech company offering competitive saving plans that improve the rate of
retention for companies. Our smart benefit solution will help you keep track of employee
savings plans without the hassle of endless admin and paperwork.
For employees, ThriftPlan offers financial security and access to a wide range of
options to help build wealth.
Depending on your company size and integration requirements we are there to support due
the nature of the set up we do not offer a free trial unless otherwise approved through
ThriftPlan is a Workplace Savings Scheme that works with the collective efforts from
Employee and Employer. Individuals are directly contributing out of their salary which
it is up to the employers approval how much the individual can contribute. We do not
currently offer an individual saving product.
The Unvested amount is the amount of money that has been promised to you by the company
the company has not yet processed it. Vested amount of money is the money that
belongs to the Employee and which he can withdraw at any time.
When the employer makes a contribution, the amount is sent to the bank. The bank
the amount to the right fund. Each bank has different policies but normally the
is processed within 5 working days.
To calculate the return, you have to go to settings and from there click on the Return
Calculator option. Give the information that is asked which includes risk type, employee
amount, employer amount and duration. The answer will be displayed.
We can support with integration; however, it does require work for both sides. So, the
scope depends on the kind of integration you are looking for, but we have a dedicated
team to facilitate it from our side and advise employers, service providers or other
parties on what would best meet the needs.
After scheduling a demo with us, we will send you a corporate registration form which
will be used for KYC and set up. Our account specialists will set up your account and
make the master account available to you. Once that has been activated, you will have a
dedicated account with our cash custodian and be ready to enrol your employees and make
Thriftplan is a solution for employment benefits, we are always looking to expand our
network and are working hard to be able to enrol you. Feel free to contact us here with
your company name and a contact person for your HR department and we will try to make it
Email notification regarding any profit/losses that are made are sent by the company at
the end of each month. This is because every investment incurs profit/losses every
minute or every second, so a collective report is sent monthly.
The request for withdrawing money requires your employer’s clearance. Once the company
processes the request the amount will be transferred to your account from your employer,
depending on their policies.
There are certain limitations when it comes to withdrawing money through ThriftPlan. It
also depends on the withdrawal policy that the company has set up which includes all the
details such as the allowed withdrawal amount, the time it takes to withdraw money and
how frequently it could be withdrawn within a year.
Yes, it can be changed. Go to the drop down list near the profile picture and select My
Detail Information. A menu bar will appear. From there, select Next of Kin Information.
From there, you can update the Kin's information.
Thriftplan charges a subscription fee based on the employees enrolled. Please contact
our sales team for further information as to individual subscription fees. The Plan is a
lot more affordable for companies as meets the eye; please feel free to check out our
Cost Calculator to get an estimate based on your company size.