401(k) cash out leakage blog posts


Oct
13
2017

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.

Aug
30
2017

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.

Aug
16
2017

The Cashout Clock is Still Ticking: Let’s Stop It!

On May 12th, Retirement Clearinghouse announced the National Retirement Savings Cashout Clock, a virtual clock that calculates 2017 year-to-date cashout leakage from America’s defined contribution system in real time.

Jul
05
2017

Rising Healthcare Costs Necessitate Healthy Retirement-Saving Habits

If you think of retirement savings as a key part of a healthy retirement, then anyone who has prematurely cashed out 401(k) savings during their working life has suffered a compound fracture that will require several stages of therapy to fully rehabilitate. But a cash-out isn’t the only impediment to a financially secure retirement for these hardworking Americans.

Jun
29
2017

Plug the Leaks Before Expanding Access to Defined Contribution Plans

In recent months, our attention has been drawn to some deserving public policy initiatives that would dramatically expand access to workplace retirement savings accounts and address the “access gap” encountered by millions of American workers who are presently offered no such option.

Jun
08
2017

Auto Portability: Who Will Benefit?

The ultimate beneficiary of Auto Portability is America’s mobile workforce – the qualified plan participants whose retirement savings are preserved.

Jun
01
2017

The Fundamentals of 401(k) Cashout Leakage

This video presentation provides viewers with the latest data characterizing the problem of 401(k) cashout leakage, a major challenge that faces 401(k) participants when they change jobs.

May
22
2017

The Rallying Cry for Improving Financial Wellness: ‘Eradicate Cash-Out Leakage In Our Time!

RCH President and CEO Spencer Williams exhorts the American retirement system to eradicate the scourge of 401k leakage, which deprives millions of Americans of a timely or comfortable retirement.

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