Invest In Your Organization’s Most Valuable Assets.

StorkFund is the only employer-sponsored financial well-being platform which (i) enables your employees to proactively and easily save (ii) for a broad range of existing and future family life-cycle expenses, (iii) utilizing a combination of high-yield and investment options, (iv) without any eligibility, income, contribution, or portability restrictions and, most importantly (v) with platform oversight to ensure funds are exclusively withdrawn for family life-cycle expenses, supporting your employees when their families need it most, and during the financial events which are most likely to impact your organization’s success. Whether you are considering offering, or are already offering, your employees HSAs (Health Savings Accounts), FSAs (Flexible Savings Accounts), LSAs (Lifetime Savings Accounts), or ESAs (Emergency Savings Accounts), StorkFund's innovative design directly and uniquely addresses your employees' and organization's needs, making it a perfect complement to your existing benefits. In adopting a unique approach and centering its design around an employee's ability to successfully navigate family-life cycle expenses, StorkFund enables families to build wealth and employers to fuel the engines powering their organization’s success.

StorkFund manages all of the administration, communication, and compliance relating to StorkFund accounts and, in particular, employee withdrawals from StorkFund accounts. Your employees may request to withdraw funds to cover their fertility, parental leave, childbirth, childcare, education, enrichment, and medical expenses, and provide the supporting documentation relating to the request, by submitting a request on StorkFund's platform. StorkFund will release the requested funds upon prompt verification of the expense; handling the entirety of the review process, so you don't have to. Additionally, to ensure the funds you've contributed and earmarked for family life-cycle expenses are used accordingly, and to discourage parents and aspiring parents from withdrawing funds for "non-family life-cycle expenses", each StorkFund must remain open for at least one year (including a 90-day cancellation period when the StorkFund is initially created) and funds withdrawn for "non-family life-cycle expenses" after this period will be subject to penalties of 0% - 5%, depending upon the age of the StorkFund.

Contribution amounts and conditions vary significantly, based upon an organization's size, industry, and strategic objectives. However, the amount you choose to contribute to your employees' StorkFund accounts each month will be entirely up to you. When you partner with StorkFund and design your program, you will determine the contribution amounts and contribution conditions (such as vesting and eligibility criteria) which you believe align with your organization's financial objectives and needs. Investing in, and providing a match to, your employees encourages employees to prioritize their financial wellness. As a result, we strongly suggest employers provide a meaningful contribution match, to take full advantage of the strategic advantages offering a StorkFund can provide.

Integrating with your existing payroll system, to facilitate automated payroll deductions and contributions, is essential; leveraging this integration enables Stork to deliver StorkFund seamlessly and to effectively nudge your employees to co-invest in their family's existing and future life-cycle expenses. StorkFund's integration process is to designed to work smoothly with your existing payroll system, and we will closely with your HR and payroll partners to provide as easy and effortless an integration process as possible.

Absolutely. StorkFund's platform is highly adaptable and we work with organizations of all sizes and types, designing programs with various contribution amounts and contribution conditions (such as vesting and eligibility criteria) which aligns with their financial objectives and needs. Whether your organization is an early-, growth-, or mature-stage organization, is interested in supplementing its existing suite of well-being benefits, or is considering launching a financial well-being platform with StorkFund at its core, we're committed to creating an impactful solution that aligns with your organization's and employees' needs.