Consolidation Corner Blog

Consolidation Corner is the Retirement Clearinghouse (RCH) blog, and features the latest articles and bylines from our executives, addressing important retirement savings portability topics.


Aug
04
2015

What Participants' Distribution Decisions Are Telling Us

That's changing, as Neal Ringquist explains.

Jul
30
2015

Leaving Your 401(k) Savings Behind Will Cost You!

In his July 30th, 2015 MarketWatch article titled, Leaving Your 401K Behind When Changing Jobs Will Cost You, RCH's CEO Spencer Williams gives sage advice to America's mobile workforce, urging job-changing retirement savers to take the initiative and to consolidate their retirement savings.

Jul
27
2015

Consolidation: The Missing Piece of the Retirement Game Plan

Today, it's a commonly-accepted practice for plan sponsors to focus on three major initiatives in order to promote retirement adequacy: participation, saving and diversification. While these concepts are proven, the emerging best practice is to incorporate the principle of consolidation, so that plan sponsors will begin to focus on participation, consolidation, saving and diversification.

Jul
17
2015

Safe Harbor IRAs Are Not Always Safe

Plan sponsors can help themselves and their participants over the long term by rolling balances of $5,000 or less from inactive participants into safe harbor IRAs. However, for various reasons discussed below, many safe harbor IRAs do not live up to their name and could leave sponsors with unexpected fiduciary liability.

Jul
16
2015

SOC Examinations Designed To Provide Comfort

Say you are a plan sponsor, and you are using (or seeking to use) external services for: Mandatory distributions / automatic rollovers, Account consolidation, Assisting terminated participants with their distribution options, Locating missing plan participants...

Jul
10
2015

Pitfalls Associated With Lost & Missing Participants

Collaborating with Retirement Clearinghouse, Boston Research Technologies completed groundbreaking research earlier this year on the mobile workforce and the job changer's attitudes and behavior regarding their 401(k) accounts during job transition.

Jun
16
2015

How to Make Mandatory Distributions More Fiduciary Friendly

Mandatory distributions from employer-sponsored plans are a creation of regulation's specifically, a section of ERISA that allows plan sponsors to distribute accounts with less than $5,000 out of a qualified plan and into a safe harbor IRA.

May
28
2015

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.

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