Browsing Tag
401(k) Auto-Portability
119 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.
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…
2 Critical Retirement Plan Initiatives Moving Forward
Retirement industry observers breathed a collective sigh of relief in late 2017 when “Rothification” of 401(k) plans, once…
How to Locate Missing 401(k) Participants
The American Benefits Council clearly identified the root causes of missing participants: a highly-mobile workforce and lack of retirement portability.
What to do About Missing 401(k) Participants
Missing participants create challenges for plan sponsors. Learn strategic solutions to improve retirement savings and participant outcomes.
The ‘Problem’ of Small 401(k) Accounts (And What to Do About It)
It’s generally accepted that the small-balance accounts of terminated 401(k) plan participants are a problem. For plan sponsors,…
5 Ways to Make 401(k) Portability a 2018 Priority
Sponsors could miss an important opportunity to make straightforward changes to enhance 401k portability. Here's why that's a problem.
Who Wins With 401(k) Auto Portability?
Auto portability is the routine, standardized and automated movement of an inactive participant’s retirement account from a former…
401(k) Auto-Enrollment Grew by How Much?
Auto this and auto that, whether it’s enrollment, escalation and now portability, have greatly contributed to participation rates,…
Why Retirement Savings Need to Be ‘Recycled’
Another Earth Day has come and gone, and we’re once again reminded of the need to protect our…