Browsing Tag
401(k) Auto-Portability
109 posts
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
4 Key Findings from the New Auto Portability Simulation
RCH has made available the results from a new version of their APS, which models the adoption of auto portability within America’s DC system over a 40-year period
Auto Portability: It’s All About the Participants
Tom Hawkins explains how auto portability expressly addresses the needs of small-balance retirement savers who frequently change jobs
Portability Services Network Launches Solution to Reduce Plan Leakage
Founding members include Alight Solutions, Empower, Fidelity Investments, Principal, TIAA, and Vanguard
No One is Coming to Save You From Missing Participants
Tom Hawkins has a lesson for plan sponsors who must confront the scary problem of missing participants
Focus Shifts to Plan Sponsors as Portability Network Set to Go Live
As operations begin in October, plan sponsors will take center stage as they begin to adopt auto portability and witness its tangible results
Why the Future is Now Brighter for Small-Balance Retirement Accounts
Tom Hawkins explains two key developments that dramatically improve the outlook for retirement accounts with small balances
New Open Portability Network Being Tested by Millennium Trust
Network set to enable auto portability well ahead of Jan. 1, 2024, when auto portability may first be offered under SECURE 2.0
Principal Becomes 6th Recordkeeper to Join Portability Services Network
With the addition, industry consortium to support automatic portability of retirement accounts will include 93 million workers and 231,000 plans