Browsing Tag
401(k) Auto-Portability
118 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.
The Compelling Case for Women and Auto Portability
Tom Hawkins illustrates how women face unique retirement savings challenges that auto portability can address
Dressing Up Traditional Automatic Rollovers
Tom Hawkins explains how the many flaws of traditional automatic rollover IRAs can be overcome with a low-fee transitional safe harbor IRA
Auto Portability Adoption Surges with Portability Services Network Launch
More than 15,000 defined contribution plans have signed up during network’s first year
4 Compelling Reasons for Plan Sponsors to Adopt Auto Portability
Tom Hawkins shares why it’s OK to be an early adopter as the industry is quickly embracing this new plan feature
The Risky Business of Cashing Out Plan Balances Below $1,000
Tom Hawkins exposes the drawbacks for both plan sponsors and participants
The Truth About Old-School Automatic Rollovers
Tom Hawkins explains why new-school automatic rollovers incorporating auto-portability are the future—and why old-school rollovers need to go away
Robert L. Johnson Talks Auto Portability, Racial Wealth Gap at EBRI Spring Policy Forum
Renée Wilder Guerin of Retirement Clearinghouse recounts RCH Chairman Robert L. Johnson's keynote address at EBRI's 2024 policy forum
Harness the Power of Retirement Savings Consolidation
Thomas Hawkins of RCH makes the case for consolidation with retirement savings
A More Enlightened Approach to Uncashed Distribution Checks
How auto portability can solve the problem of uncashed checks that draw regulatory scrutiny and could trigger a plan audit
4 Retirement Initiatives Vital to Closing the Racial Wealth Gap
Tom Hawkins says retirement plan sponsors can move the needle by supporting these key retirement initiatives