Worlds First Shop and Save" Retirement Program Adds Key Retailers and 3% Rebate on All Gas Purchases
ATLANTA, GA (PRWEB) April 7, 2004 -– Vesdia Corporation, the nations leading microinvesting technology company, announced today the launch of NestEggz 2.0, a dramatically enhanced version of its award-winning retirement savings program created specifically to help individual investors accumulate incremental assets in tax-advantaged retirement accounts. Through the NestEggz program, consumers receive up to a 20% rebate on every-day purchases made through a network of more than 500 top-name retailers including Dell, Blockbuster, Linens 'N Things, Macys, and others. Merchant rebates are automatically tracked and deposited in the consumers Individual Retirement Account (IRA), or virtually any other investment vehicle of the consumers choosing. According to Financial Research Corporation, merchant and credit card rebate programs, such as NestEggz, have the potential to generate more than $1.1 billion per year in incremental assets to individual investors.
In addition to the relaunch of the NestEggz.com website, beginning on April 7, 2004, individuals that join the program will be eligible to receive a 3% rebate on all gas purchases. Since its inception, NestEggz has allowed investors to direct rebates resulting from their everyday shopping into virtually any retirement savings plan. With gas prices hitting record levels, this latest enhancement will surely serve to increase the impact of the program for our members," says Peter Davis, President and Chief Executive Officer of Vesdia Corporation. Best of all, instead of scrambling to make last minute contributions into their individual retirement accounts at this time next year, NestEggz members will have already made regular contributions throughout the year, without incurring any additional out-of-pocket expenses," continued Davis. According to the Internal Revenue Service, 27.1 million taxpayers — more than 20 percent — waited until the last minute to submit their income tax return last year. Thousands of those same individuals also opened last-minute IRAs.
Beyond the revamp of its website and new gas rebates, NestEggz 2.0 will now feature almost a dozen new online, catalog, and brick-and-mortar retailers, as well as several additional services providers. Headlining the list of new brick-and-mortar merchants is a triumvirate of category leading retailers, including: The Sharper Image, Illuminations, and 1-800-Flowers, each of which will offer NestEggz members rebates when they make their in-store purchases using the NestEggz credit card.
We are pleased to be working with Vesdia to provide NestEggz members this exceptional offer," said Doug Atkinson, Vice President of Corporate Sales for The Sharper Image. The Sharper Image has always been an innovator, renowned for offering new and exciting products to consumers. NestEggz is a highly attractive program that helps people achieve one of the consumers most challenging financial goals – savings toward their retirement. This fits perfectly with our mission to offer the customer a delightful and unique retail experience. This partnership enhances the value proposition provided to consumers by both Vesdia and The Sharper Image."
Retirement is the most difficult financial planning problem faced by most people," says Jordan Goodman, an eighteen-year veteran of Money Magazine and author of Everyones Money Book," a best-selling book on personal finance. NestEggz will not alleviate the need for traditional contributions towards ones financial goals, but it will help people become more disciplined investors and take advantage of dollar cost averaging. Clearly, with these additional program enhancements, NestEggz is a program everyone working towards financial independence should join."
About Vesdia Corporation
Headquartered in Atlanta, Vesdia is the nations leading microinvesting technology company. Through its nationwide network of retailers and name brands, Vesdias patent-protected technology enables individual investors to save towards major life events without incurring out-of-pocket expenses. In addition to serving as the savings engine" behind its own award-winning coalition loyalty savings programs, BabyMint and NestEggz, the company's proprietary technology is also licensed more than a dozen financial institutions, retailers, and credit card issuers in the U.S. and Canada to facilitate customer loyalty. For more information please visit http://www.vesdia.com.
###
|
