Browsing Tag
401(k) Auto-Portability
117 posts
401(k) auto-portability is the automated transfer of a participant’s retirement savings from a former employer’s 401(k) plan into their new employer’s plan when they change jobs. It helps prevent “stranded” or forgotten accounts, reduces cash-outs, and consolidates savings for easier management and stronger retirement outcomes.
How Auto Portability Serves 401(k) Participants’ Best Interests
This series is meant to identify five key reasons why an auto portability program serves the best interests…
How Auto Portability Serves the Best Interest of 401(k) Participants
Plan sponsors that are considering the adoption of auto portability must determine that, by participating in the auto…
Auto-Portability: Preventer of 401(k) ‘Leakage’
Everyone hates “leakage.” The term itself has no known positive connotations, and if you are experiencing it, you…
Retirement Industry Associations in Alignment on 401(k) Auto Portability
The Department of Labor (DOL) proposed a Prohibited Transaction Exemption (PTE) for Retirement Clearinghouse’s (RCH) auto portability program…
DOL Wants Your Opinion on 401(k) Auto Portability
Auto Portability Comments are open—share your views on the DOL’s proposed exemption for 401(k) rollover and retirement savings rules.
DOL to Determine Auto Portability’s Fate
Research has conclusively demonstrated that retirement savings portability dramatically reduces 401(k) cashout leakage, preserves retirement savings and reduces…
Understanding (and Solving) the Problem of Women’s 401k ‘Leakage’
New data was recently presented at the Women’s Institute for a Secure Retirement (WISER) that highlights challenges in preserving their 401(k)…
Are You All-In for a 401(k) Roll-In?
Over the past six years, there’s been a steady drumbeat pointing the way to increased 401(k) auto portability…
How Bad is the 401(k) ‘Missing Participant’ Problem?
Research finds 1 in 5 retirement plan accounts has a stale address due to participant moves. Auto portability can help solve this.
Why We Urgently Need a ‘Sustainable’ 401(k) Defined Contribution System
America’s defined contribution system is unsustainable—urgently requiring an upgrade to effectively deliver on its intended goal, which is…