Auto Portability in the News
Browse the most comprehensive collection of articles in the media that feature auto portability.
RCH in 401K Specialist Magazine: Why Small Balance 401k Distributions Are Falling Through The Cracks
Cash-outs are at epidemic levels; Why are small 401(k)s getting swallowed?
SHRM's Stephen Miller, CEBS, reports that there's a "new approach" to reducing leakage - Auto Portability., and goes in-depth, quoting RCH's president & CEO Spencer Williams from his presentation at EBRI's 78th Policy Forum.
Marlene Y. Satter addresses retirement plan leakage, topping the agenda at the 78th EBRI Policy Forum in May.
Marlene Y. Satter, in her 8/11/16 article in BenefitsPro, takes a deeper look into the study from Boston Research Technologies and RCH.
Closely examining the year-by-year results, we noticed something odd; Does 401(k) auto-portability really pay off?
According to the recently released 2016 Willis Towers Watson U.S. Retirement Governance Survey, a major trend in retirement plan governance is the growing concern employers have for employees' retirement benefit adequacy and financial well-being.
On 8/9/16, EBRI released new research focusing on the recurring issue of leakage from defined contribution savings plans. The August 2016 EBRI Notes summarizes policy forum discussions on the leakage issue, and include an extensive discussion of the RCH Auto Portability Simulation model that addresses outcomes of Auto Portability as workers change jobs.
The problem is particularly acute for small-balance 401(k) accounts; Leakage can make a 401(k) go splat.