Browsing Tag
401(k) Auto-Portability
120 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.
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.…
SECURE Act Impact: 3% Reduction in Retirement Deficit?
SECURE Act Impact boosts retirement savings, cutting deficits up to 10% for U.S. workers, especially at smaller employers.
The New Age of 401(k) Plan Portability
A recent survey of defined contribution (DC) plan sponsors found that interest in retaining assets for retirement is…
Why 401(k) Auto Portability is Just the Right Thing to Do
Cashout leakage is a silent crisis that unnecessarily robs millions of Americans of a comfortable, timely or secure retirement.
3 Promising Policies to Reduce 401(k) Cashout Leakage
Cashout leakage, a long-standing problem in America’s defined contribution system, is a silent crisis that unnecessarily robs millions…
401(k) Auto Portability ‘Significantly Reduces’ Retirement Savings Gap: EBRI
The numbers are in, and solid. The latest weapon in the auto revolution, auto portability, would reduce cashouts…
DOL Gives 401(k) ‘Auto Portability’ Major Boost
Auto portability retirement plans streamline savings transfers, cut cash-outs, and help preserve billions in retirement savings.
5 Positive Retirement Plan Proposals Currently Circling Washington
What’s this? Legislative policy proposals that might actually help? The Employee Benefit Research Institute likes what it sees…