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Auto Portability in the News
Browse the most comprehensive collection of articles in the media that feature auto portability.
With millions of Americans suffering from fractured retirement savings, plan sponsors should take the initiative—and fulfill their fiduciary duty—by providing restorative care to their participants and eliminating obstacles to seamless retirement savings portability.
Two 4/6/17 articles by Retirement Income Journal address the growing & influential coalition backing auto-portability.
In his 4/6/17 article in Employee Benefit News, RCH's Spencer Williams likens the pain of ill health to the pain that many 401(k) participants suffer when they cash out or leave savings accounts behind at their former employer.
401kTV's Tim Kelly explores Auto Portability, and makes a strong case that it's important to every plan sponsor, due to America's mobile workforce and adverse outcomes at job change. Kelly quotes Spencer Williams and also embeds video from the recent forum in Washington, DC: "Retirement Plan Portability & Public Policy: Unlocking the potential in portability."
PLANSPONSOR covers the groundbreaking new EBRI Auto Portability projections, which indicate that full implementation of Auto Portability could generate an additional $2 trillion in retirement savings for Americans.
Addressing the latest research conducted by EBRI on Auto Portability, and presented at the 3/30/17 FSR event in Washington, DC, NAPA Net's Nevin Adams discusses the benefits that Auto Portability can deliver in reducing 401(k) cashout leakage.
The African-American community faces a retirement crisis. Auto portability may be able to help resolve the crisis by helping to prevent cashouts and move retirement savings balances forward.