Auto Portability's Foundational Research
Auto portability is supported by a broad base of empirical research that clearly demonstrates the problems facing American workers (job-changing, systemic friction and 401k cashout leakage) as well as the solution: moving retirement savings forward when participants change jobs.
Portability and the Mobile Work Force Webcast Recap
In conjunction with Boston Research Technologies, Retirement Clearinghouse (RCH) announced the findings of a groundbreaking research study on America's mobile workforce, providing insights into participant behaviors regarding retirement savings portability. The study offers plan sponsors with strategies to stem cashouts and to improve retirement outcomes.
PRESS RELEASE - Manual Portability and the Mobile Workforce
A groundbreaking research study finds that retirement plan participants are overwhelmingly receptive to using their 401(k) plans as their primary retirement accounts during their working years—particularly Millennials and Generation-Xers—but they find the roll-in process confusing, difficult to decipher and time-consuming.
Boston College Research: The Impact of Leakages on 401(k)/IRA Assets
A February 2015 Center for Retirement Research at Boston College analysis of the impact of leakages on retirement assets.
401(k) Plans: Greater Protections Needed for Forced Transfers and Inactive Accounts
The GAO's 2014 report to Congress examined “forced transfers” and inactive accounts, concluding that greater protections are required. The report cited a “clearinghouse” as a means of achieving a “money follows the participant” objective.
Vanguard Research Shows Impact of 401(k) Leakage
The 2013 Vanguard study "How America Saves 2013" provided an important view into the cashout behaviors of a large portion of America's 401(k) savers and helps form the foundation of research that supports the need for retirement savings portability, and for auto portability in particular.
PRESS RELEASE - Boston Research Group Case Study Features RCH
A Boston Research Group case study validates the RCH business model, which delivers portability and consolidation, while reducing cash outs and leakage.
2013 Boston Research Group study validates program of portability
A Boston Research Group study validates that a 50% reduction in cashout leakage could be achieved by implementing a program of retirement savings portability.
Initial Results of the EBRI 401(k) Project Model Indicate $1.3 trillion benefit possible
2012 EBRI research indicates that a 50% reduction in cashout leakage could result in an incremental $1.3 trillion in retirement savings, over 10 years.
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