Custodia Financial was founded to address the significant issue of 401(k) loan defaults, which can erode Americans' retirement savings. The company's flagship service, Retirement Loan Eraser, is an automated insurance program that repays a participant's 401(k) loan balance if they involuntarily lose their job, become disabled, or pass away. This service aims to protect both the employee's retirement nest egg and the employer's retirement plan from the negative consequences of loan defaults, thereby encouraging safer and more secure retirement planning.

Founded in

United Kingdom