Browsing Tag
Retirement Clearinghouse
99 posts
Retirement Clearinghouse (RCH) is a financial services company that helps workers seamlessly move and consolidate their retirement savings as they change jobs. The firm specializes in reducing retirement account “leakage” by automatically rolling over small balances into new employer plans or IRAs, making it easier for employees to preserve and grow their savings. RCH partners with employers, recordkeepers, and plan sponsors to simplify retirement portability, improve financial outcomes for workers, and support greater retirement security across the U.S.
401k Auto-Portability Takes ‘Giant Leap Forward’ with Vanguard, RCH Deal
Service providing plan sponsors with a new portability solution to simplify small-balance 401k rollovers expected to launch in mid-2022
401(k) Auto Portability’s Significant Benefits to Pending Legislation
The sheer magnitude of incremental benefits delivered by the addition of auto portability was surprising
Senate Hearing Reveals Large Employer Support for 401(k) Auto Portability
During testimony in a Senate Finance Committee hearing “Building on Bipartisan Retirement Legislation: How Can Congress Help?” in…
Auto Portability Provider Tops $10B Mark in 401(k) Account Consolidations
Cashouts beware! Retirement Clearinghouse, LLC reported today that it has consolidated more than 290,000 retirement accounts, comprising over…
401(k) Retirement Savings: More Gone Than Forgotten
Forgotten 401(k) accounts are less harmful than cashout leakage. Learn why solving the real issue protects retirement savings.
The Strong Case for a Retirement Savings ‘Lost and Found’
Past proposals for an Office of the Retirement Savings Lost and Found (Lost & Found) offered good examples…
401k Leakage and Auto Portability Featured at Senate Committee Hearing
On May 13, 2021, the U.S. Senate’s Committee on Health, Education, Labor, and Pensions (HELP) held its first…
A Big Problem: Another Leakage Study Reaches the Same Conclusion
Arriving with little fanfare, a recent study prepared by the Staff of the Joint Committee on Taxation, a…
Why the Case for 401(k) Auto Portability Just Got Stronger
The case for auto portability, the new 401(k) plan default feature that automatically transfers small-balance retirement savings when…
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…