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Auto Portability blog posts
The Best Blueprint for Improving Retirement Security
RCH President & CEO addresses a blueprint for improving retirement security, incorporating the widespread adoption of auto portability.
The Results Are In: Auto Portability is a Winner!
On 11/7/17, Warren Cormier of Boston Research Technologies published a white paper “Making the Right Choice the Easiest Choice: Eliminating Friction and Leaks in America’s Defined Contribution System.” The key findings of the research confirm that auto portability is a winner, with significant pent-up demand in our defined contribution system.
How to Contain the Damage from the Small-Account Explosion
Small Accounts Continue to Plague Plans.
In Search Of: Guidance for Locating Missing Participants
This article focuses on the American Benefits Council’s specific recommendations to the DOL as set forth in their October 2nd, 2017 letter. The Council’s recommendations, if adopted, could establish a more complete, consistent and reasonable framework for plans to address the missing participant problem, going forward.
Bringing Clarity to the Murky Problem of Missing Participants
The American Benefits Council delivered a letter to the Department of Labor (DoL), urging the DoL to act on the problem of unresponsive or missing participants.
‘May Day, May Day’: Locate your plan’s lost & missing participants before it’s too late
Protect yourself by embracing auto portability.
The Massive Explosion of Small 401(k) Accounts
The Growing Problem of Small Accounts and How to Defuse It
The Exit Bonus Employers Never Intended to Pay
Without seamless plan-to-plan portability in place to preserve retirement savings when a participant changes jobs, many employers are unwittingly paying “exit bonuses” to terminated employees that they may never have intended to pay.
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