Auto Portability Press Releases

Read Retirement Clearinghouse (RCH) press releases that feature auto portability.


Jul
25
2017

PRESS RELEASE - Auto Portability Goes Live: Solution Introduces First Automatic, End-to-End Processing of Rollovers into 401(k) Plans, Reducing Costs for Retirement Plans and Their Participants

Retirement Clearinghouse (RCH) has completed the industry's first fully-automated, end-to-end transfer of retirement savings from a safe harbor IRA into a participant's active account for a large plan sponsor in the healthcare services industry.

Apr
05
2017

PRESS RELEASE - Washington, D.C. Forum Establishes Auto Portability as Leading Public Policy Initiative

The Employee Benefit Research Institute (EBRI) estimates that the current and coming generations of retirement savers would have an additional $2 trillion, in today’s dollars, at age 65 if auto portability is fully implemented.

Jul
19
2016

PRESS RELEASE - Simio, RCH jointly announce the application of Simio simulation software

In a 7/19/16 Press Release, Simio LLC and Retirement Clearinghouse (RCH) jointly announced the application of Simio simulation software to one of the most difficult-to-solve problems in the retirement industry: cashout leakage that occurs when employees change jobs.

Jun
16
2016

PRESS RELEASE - Bipartisan Policy Center Calls for Improved Portability to Curb Cash-Out Leakage

Retirement Clearinghouse, LLC welcomes the report issued by the Bipartisan Policy Center’s Commission on Retirement Security and Personal Savings which, among other proposals, recommends the adoption of processes that enable the seamless transfer of retirement savings between defined contribution plans when participants change jobs.

May
10
2016

PRESS RELEASE - Simulation Shows Auto Portability Adds $115B to Retirement Savings

Retirement Clearinghouse, LLC will introduce a first-of-its-kind discrete event simulation at the 78th annual Employee Benefit Research Institute (EBRI) Policy Forum on May 12, 2016.

Jan
26
2016

PRESS RELEASE - RCH Applauds White House Initiatives to Improve Retirement Savings Portability

Robert L. Johnson, Founder and Chairman of the RLJ Companies and majority investor in Retirement Clearinghouse, LLC, welcomes President Barack Obama’s initiatives to enable more Americans to create a retirement nest egg, and make it easier for American workers to move their retirement savings into their new employers’ plans when they change jobs.

Oct
01
2015

PRESS RELEASE - WISER Forum Focuses on Auto Portability

The WISER forum, held at the Capitol View Conference Center on September 30, 2015, attracted experts from government agencies, organizations advocating for women and the aging, the financial and retirement services communities, and policy groups. Attendees had the opportunity to learn about how auto portability

May
27
2015

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.

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