Browsing Tag
401(k) Auto-Portability
120 posts
401(k) auto-portability automatically moves a worker’s small retirement balance to a new employer’s plan after a job change. The process prevents cash-outs, reduces forgotten accounts, and keeps retirement savings invested without requiring employee action. Plan sponsors and service providers coordinate transfers using standardized rules and participant safeguards. Auto-portability helps workers preserve long-term savings and improve retirement outcomes as they change jobs.
RCH Issues Vision for Retirement System Digital Clearinghouse
Modeled on the Auto Portability Network, whitepaper authors say clearinghouse with four major network services would reduce cashouts and stranded or inactive accounts
SECURE 2.0 Adoption Trends: Plan Sponsors Lean Into Enhanced Catch-Up Contributions
New Vanguard analysis finds more than 9 in 10 plans have implemented the higher catch-up limit
2025: A Breakthrough Year for Portability
Tom Hawkins explains how auto portability is quickly moving from an emerging concept toward a scaled capability within the DC system
A Third of Fidelity 401(k)s Have Adopted Auto Portability
Fidelity’s Q3 2025 Retirement Trends Report also shows rising interest in Roths, record-high average account balances
‘Forgotten’ Accounts: Forget Hyperbole, Here’s a Solution
Tom Hawkins makes the case for an optimal solution to problem of left-behind accounts
Report: Poor-Performing Safe Harbor IRAs Threaten $43 Billion in Retirement Savings by 2030
PensionBee research says up to 2 million retirement accounts at risk of automatically rolling over into Safe Harbor IRAs each year as workers change jobs, and just 25% are moved within 3 years
Auto Portability: Meeting the Needs AND Wants of Participants
Tom Hawkins says the recent innovation’s rapid adoption results from aligning neatly with both
Why Preserving Small Balances Matters (and How Auto Portability Helps)
Tom Hawkins says auto portability is shifting the preservation of small balances from lofty ideal to an operational reality, safeguarding Americans’ futures one balance at a time
Beyond Missing: Targeting Unresponsive Participants in Retirement Plans
Tom Hawkins says this silent subset of participants presents unique challenges that require targeted solutions
On Earth Day, Consider Auto Portability to ‘Recycle’ 401(k) Savings
Tom Hawkins says the inefficient handling of 401(k) accounts when employees change jobs produces unnecessary waste