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Auto Portability - Public Policy
Learn more about retirement savings public policy positions related to Auto Portability.
Clearly, Washington DC is now "getting it" when it comes to retirement plan portability. In November 2015, Senator Patty Murray and other influential members of Congress delivered a letter to Department of Labor Secretary Perez urging action on Auto Portability. Now, we have strong comments from President Obama in his final State Of The Union address on the need for more portable retirement savings.
Forbes and Next Avenue contributor Kerry Hannon covers WISER's 9-30 Forum "The Leading Edge - Auto Portability: A Solution to Prevent Cash Outs & Preserve 401(k) Assets."
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
Alicia Munnell -- Boston College's Director, Center for Retirement Research -- comes down squarely in favor of a clearinghouse for the nation's 401(k) system.