Browsing Tag
Cash-Out
42 posts
The Risky Business of Cashing Out Plan Balances Below $1,000
Tom Hawkins exposes the drawbacks for both plan sponsors and participants
As Time Passes, the Gains Become Harder
Tom Hawkins observes that the nearly 45-year-old defined contribution system may face diminishing returns as it tries to generate future growth, and offers a smart "workout plan" to help increase retirement security
Cashout Leakage Alert: Highway Through the ‘Danger Zone’
New research reveals a 401(k) cashout leakage “danger zone” for participants in their 30s
OneDigital Partners with Pontera to Help Participants with Their 401(k)s
Partnership announced today enables wealth managers to offer premium in-plan guidance to clients
The Big Shift Towards Auto Portability
Tom Hawkins details two very recent, tectonic shifts toward the system-wide adoption of auto portability
‘Doomscrolling’ Not Helping Nervous Retirement Investors
Wells Fargo study finds 29% would cash out their 401k or IRA investments to cover immediate expenses if they could do so without tax penalties
Scary Number of Millennials Say They’ll Cashout 401ks in Market Downturn
Latest Cogent Syndicated DC Participant Planscape report from Escalent shows need for intervention and guidance to protect retirement savings
Auto Portability’s Big Move: Major Recordkeepers Form Consortium with RCH
Fidelity, Vanguard, Alight, and Retirement Clearinghouse establish first-ever industry consortium focused on expanding auto portability adoption
Why DEI and ‘Traditional’ Automatic Rollovers Don’t Mix
Combining effective education and assistance can go a long way toward making an automatic rollover program more DEI-friendly
Congress: Did You Ever Have to Make Up Your Mind?
Are the tax preferences for assets in retirement savings plans intended for retirement? If so, you may want to stop proposing legislation that enables and encourages leakage