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.
Cracking the Code to True 401(k) Portability
America’s 401(k) system, long plagued by friction, produces $92.4 billion of excessive cash-out leakage annually. In recent years…
Consolidating Gains from a 401(k) Portability Program
When research performed eight years ago reveals that your 401k plan, by turning on portability and consolidation for…
One Simple Trick to Radically Boost Financial Wellness
How would you like to boost your participants’ financial wellness, increase plan assets, reduce plan costs and prevent missing participants?
Far Out: What If Timothy Leary Was a 401(k) Plan Sponsor?
In the 1960s, counterculture guru Timothy Leary urged a generation to “turn on, tune in, and drop out.” …
How to Handle the Explosion of Small-Balance IRAs
Based on solid research, we’ve long known that typical automatic rollover IRAs result in high levels of cashout…
New Platform Aims to ‘Capitalize’ on 401k Consolidation Opportunity
A new independent platform to transfer retirement assets called “Capitalize” aims to solve one of the biggest problems…
Automated 401(k) Portability: An Idea Whose Time Has Come
“Nothing is more powerful than an idea whose time has come,” French author and poet Victor Hugo observed.…
Why ‘Sudden Money’ and Preserving 401(k) Assets Don’t Mix
Researchers realize that long-term retirement planning is not a natural act for most 401(k) plan participants. Consequently, important…
401(k) Auto Portability Goes Public in Nationwide Rollout
Recordkeeper Alight Solutions will spearhead the launch of the latest “auto” to be added to the list. Following…
Extend the Spirit of the CARES Act to Automatic Rollovers
America is a fundamentally caring country, as reflected in the collective actions of its individuals, businesses and policymakers.…