Auto Portability in the News
Browse the most comprehensive collection of articles in the media that feature auto portability.
For Earth Day: Consider How "Recycling" Could Apply to Our Retirement System
As we observe the 46th annual Earth Day this April 22nd, we appreciate the awareness that this event has brought to the need to protect our environment, the urgency that it is instilled in all of us, and the tangible results that have been achieved in so many important areas. Although we have much work to do, we have clearly come a long way since the "throwaway" culture that emerged following World War II.
America’s Modern Throwaway – 401(k) Retirement Savings
When trying to shape our future, it is often helpful to understand our past.
Why Retirement Portability is Desperately Needed
In his 2/8/16 article in Employee Benefit News, RCH President & CEO Spencer Williams presents a compelling case for retirement savings portability.
PLANSPONSOR Addresses President's Portability Initiatives; Quotes RCH CEO
A 1/27/16 article by PLANSPONSOR's Rebecca Moore addresses President Obama's portability initiatives, quoting RCH CEO J. Spencer Williams.
Williams Provides Reaction to Presidential Call for Plan Portability
Spencer Williams provides BenefitsPro's Nick Thornton with his reaction to President Obama's call for retirement plan portability.
P&I: Obama Calls for More Retirement Savings Portability in Address
Pensions & Investments highlights President Obama's call for more retirement savings portability, in his final State of the Union address.
Washington Recognizes Need for Retirement Plan Portability Solutions
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.
Auto Enrollment: The Unintended Consequences, Part II (Research)
In his December 1, 2015 article (The unintended consequence of 401(k) auto-enrollment), RCH CEO Spencer Williams exposes the linkage between auto enrollment and lower average account balances. Based on Form 5500 data, Williams' analysis presents some excellent examples of industries where average balances are significantly lower in plans that have adopted auto enrollment compared to plans that have not. RCH's Tom Hawkins follows up that article with his own analysis, extending Williams' earlier work.