Media Coverage

The ‘Free Lunch’ That is Retirement Savings Portability

Writing in 401k Specialist, Tom Hawkins asserts that "retirement savings portability helps everyone, hurts no one – and with no cost to plan sponsors to implement – it’s the equivalent of a 'free lunch' for the retirement savings ecosystem." Hawkins goes on to back up that claim by detailing the benefits of portability programs to key stakeholders, directing readers to empirical support for those benefits and identifying "five recent, broad-based developments that, taken together, make a compelling case that full retirement savings portability is close to becoming a reality."

Previously featured in the RCH Consolidation Corner blog

RCH Consolidation Corner Channel Ep. 30 - The Plan Sponsor Case for Auto Portability

In this episode, we make the case that auto portability may be one of the most effective tools available for plan sponsors to address the challenge of workforce mobility, and in so doing, to realize other, specific plan-level benefits as well.

The “Free Lunch” That is Retirement Savings Portability

Writing in the RCH Consolidation Corner blog, Tom Hawkins asserts that "retirement savings portability helps everyone, hurts no one – and with no cost to plan sponsors to implement – it’s the equivalent of a 'free lunch' for the retirement savings ecosystem." Hawkins goes on to back up that claim by detailing the benefits of portability programs to key stakeholders, directing readers to empirical support for those benefits and identifying "five recent, broad-based developments that, taken together, make a compelling case that full retirement savings portability is close to becoming a reality."

The Plan Sponsor Case for Auto Portability

Writing in the RCH Consolidation Corner blog, Steve Holman, SVP of PSN Strategy and Development, makes a compelling case for plan sponsor adoption of auto portability, as delivered by the Portability Services Network. Holman identifies four key issues that auto portability addresses, including high workforce mobility, reducing plan leakage, lowering administrative burdens, and curbing growth in small, inactive accounts -- while citing seven solid reasons why the choice to adopt auto portability adoption is in plan sponsors' best interests.

How The Saver's Match Could Transform Saving For Retirement

Spencer Williams, President & CEO of Retirement Clearinghouse (RCH) and the Portability Services Network (PSN) sits down with Russ Alan Prince of Financial Advisor Magazine to discuss the opportunities and challenges posed by the federal Saver’s Match program, slated to replace the Saver’s Credit for tax years starting in 2027. Williams offers his research-based views on the quantitative benefits of the program, while realistically identifying the operational challenges that the program could face, which Williams believes could benefit from a clearinghouse framework similar to the PSN Auto Portability model.

Retirement Savings Portability: An Idea Whose Time Has (Finally) Come

Writing in 401k Specialist, RCH's Tom Hawkins takes stock of five recent, broad-based developments that, taken together, make a compelling case that full retirement savings portability is getting closer to becoming a reality. Key developments Hawkins describes include: 1) auto portability and the rise of the Portability Services Network, 2) key government retirement savings initiatives, 3) potential provisions of SECURE 3.0, 4) an increased focus on “forgotten” accounts and 5) expanding the portability of Roth balances.

Previously featured in RCH's Consolidation Corner blog

Retirement Savings Portability – An Idea Whose Time Has (Finally) Come

Writing in RCH’s Consolidation Corner, Tom Hawkins takes stock of five recent, broad-based developments that, taken together, make a compelling case that full retirement savings portability is getting closer to becoming a reality. Key developments Hawkins describes include: 1) auto portability and the rise of the Portability Services Network, 2) key government retirement savings initiatives, 3) potential provisions of SECURE 3.0, 4) an increased focus on “forgotten” accounts and 5) expanding the portability of Roth balances.

RCH Consolidation Corner Channel Ep. 29 - Here's to the Future Graduates of Auto Portability

In this episode, we examine the brighter future that awaits retirement savers as they begin to “graduate” auto portability and build lasting retirement wealth by preserving their small balance retirement savings.