Browsing Tag
401(k) Auto-Portability
118 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.
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…
3 Ways Auto Portability Promotes 401(k) Financial Wellness
Financial wellness refers to the overall financial health of an individual, as measured by their ability to achieve…
How 401(k) Auto Portability is Linked to Higher Efficiency, Lower Expenses
Auto portability is the routine, standardized, and automated movement of a retirement plan participant’s 401(k) savings account from…