Nevada First Trust Company (NFTC) offers comprehensive services designed to alleviate the complexities of managing participant distributions, pension payments, loan withdrawals, and other taxable and non-taxable distributions. Our team of Payment Specialists is dedicated to providing you with a seamless, accurate, and efficient benefit payment solution.

Our services include:

• Recurring and Lump Sum Payments: Executed precisely as directed to meet the needs of your beneficiaries.
• Monthly Electronic Pension Register: Ensuring accurate and timely record-keeping of pension distributions.
• Flexible Payment Options: Including both ACH and check payments to accommodate the preferences of your payees.
• Tax Withholding and Reporting: Including the preparation and issuance of annual 1099-R forms for all payees, simplifying tax time procedures.
• Annual Death Audit: To identify deceased pensioners, ensuring the integrity and accuracy of your pension payments.
• Online Access for Retirees: Providing retirees with secure online access to their personal information and payment data.
• Full-Service Option: Including a dedicated Pensioner Call Center to address any inquiries and provide support to your pensioners.

At NFTC, we understand the importance of reliable and accurate benefit distribution. Our tailored services are designed to support your organization’s needs, ensuring peace of mind for both you and your beneficiaries.