Auto Portability in the News
Browse the most comprehensive collection of articles in the media that feature auto portability.
On Earth Day, Consider Auto Portability to ‘Recycle’ 401(k) Savings
On April 22nd, we celebrate the 55th annual Earth Day, and
that gives RCH’s Tom Hawkins the opportunity to consider how the concept of
recycling applies to our nation’s 401(k) system, which Hawkins characterizes as
having a “waste problem” that manifests in the form of excessive cashout
leakage and stranded accounts. By contrast, auto portability represents a
sustainable solution that ‘recycles’ small-balance accounts, and its adoption
is rapidly accelerating following the operational status of the Portability
Services Network (PSN).
This 401(k) Change Could Help 3 Million More Americans Afford Retirement
Adam Hardy, lead data journalist at Money.com, analyzes the recent Employee Benefit Research Institute (EBRI) issue brief that modeled the impact of three "automatic" defined contribution features - auto enrollment, auto escalation and auto portability. By itself, the EBRI research finds that auto portability could reduce the retirement savings shortfall (RSS) by 11.4%, and if taken together with the other features "the benefits are compounded."
RCH Consolidation Corner Channel Ep. 6 - Rethinking the Automatic Rollover IRA
Welcome to another edition of the RCH Consolidation Corner Channel, where we provide you with audio content that explores key issues in the preservation and consolidation of retirement savings. Today, we’ll be examining the topic of “traditional” automatic rollover IRAs, which we believe will be rapidly eclipsed by auto portability. We hope you’ll find the audio enjoyable and informative.
More Good News on the Retirement Saving Front
The American Retirement Association's John Sullivan, writing in NAPA Net, runs down "good news" in the retirement landscape, as reflected in Morningstar's 2025 Retirement Plan Landscape Report. Quoting Morningstar's Liam Mitchell, Sullivan writes that "referencing efforts to encourage widespread auto portability adoption, [Mitchell] said it 'bears watching in the coming years to see if they will help stem this flow'" of assets leaving the DC plan system.
Transforming Retirement Savings with Auto Portability (Ep.50)
In episode 50 of The 401(k) Marketing Podcast, 401(k) Marketing's Rebecca Hourihan sits down with RCH's Spencer Williams and Neal Ringquist for a wide-ranging discussion on the "fascinating journey of auto portability from concept to critical mass." The three discuss the role of the Portability Services Network (PSN) and its collaboration with major record keepers, how shifting demographics and technology are reshaping retirement savings behavior, navigating the mechanics of auto portability, and exploring the significant impact of auto portability on underrepresented communities and in reducing cash-out leakage.
Recordkeepers Are the Key to PSN Auto-Portability
Writing in PLANSPONSOR, RCH & PSN President Spencer Williams provides readers with a unique point-of-view on how auto portability works, from the perspective of industry adoption. Citing PSN's "remarkable success in its first year" with over 15,000 plans choosing to adopt the service, Williams describes the roles of recordkeepers and employers in stoking auto portability's accelerating adoption. Williams' piece also focuses on the importance of reciprocity between recordkeepers, regulatory compliance, cybersecurity and accountability -- and observes that "PSN auto portability is a balanced, complex, integrated and interdependent system."
RCH Consolidation Corner Channel Ep. 5 - The Accelerating Adoption of Auto Portability
Welcome to another edition of the RCH Consolidation Corner Channel, where we provide you with audio content that explores key issues in the preservation and consolidation of retirement savings. Today, we’ll be examining the accelerating adoption of auto portability. We hope you’ll find the audio enjoyable and informative.
Auto Portability Updates: What Plan Sponsors Should Know
A PNC Bank Insights article provides their corporate client base with a succinct and positive overview of auto portability, as delivered by the Portability Services Network (PSN), with technology provided by Retirement Clearinghouse (RCH). The PNC piece addresses key facts that plan sponsors should know, and lays out a list of key auto portability benefits.
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