Auto Portability in the News
Browse the most comprehensive collection of articles in the media that feature auto portability.
In a 7/5/17 article in BenefitsPRO, RCH's Tom Hawkins makes the case that 401(k) cashout leakage should be plugged, prior to expanding access to workplace retirement savings accounts.
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.
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.
NAPA Net's Ted Godbout attends the 6/21 WISER Forum on retirement issues, extensively quoting RCH President & CEO Spencer Williams.
PLANSPONSOR's Judy Hartnett interviews SPARK's Tim Rouse, gaining his perspective on Auto Portability as a means to prevent small accounts from "leaking out of the system."
Forbes' Ashlea Ebeling quotes RCH job-changing, cashout leakage statistics