Auto Portability in the News
Browse the most comprehensive collection of articles in the media that feature auto portability.
Why We Urgently Need A ‘Sustainable’ 401k Defined Contribution System
In his latest article in 401k Specialist, RCH's Tom Hawkins makes the case for creating a 'sustainable' 401(k) defined contribution system. According to Hawkins, the current 401(k) system is unsustainable due to 1) rampant cashout leakage, 2) an explosion of small-balance accounts and 3) a surge in missing participants. Auto portability, says Hawkins, can address these problems and bring sustainability to our defined contribution system.
2 Important Retirement Plan Initiatives Moving Forward
With "Rothification" in the rear-view mirror in 2017, retirement savings policymakers have begun turning their attention to other, more-promising initiatives in 2018 -- namely, auto portability and missing participants.
Two Retirement Public Policy Initiatives Moving Forward in 2018
Two retirement savings public policy initiatives – auto portability and the problem of missing participants – are very likely to see significant progress in 2018. Both initiatives enjoy strong bipartisan support, promise to streamline and strengthen America’s defined contribution system, and will preserve the retirement savings of millions of Americans by ensuring that their savings move forward when they change jobs.
3 ways employers can make their retirement plan more attractive in 2018
In his latest article in Employee Benefit News, RCH President & CEO Spencer Williams offers plan sponsors 3 crucial resolutions for 2018, including: 1) ending automatic cash-outs, 2) offering roll-ins as part of a financial wellness program, and 3) engaging all participants on crucial decision-making.
Could this simple proposal help boost retirement savings?
In his 1/8/18 article in the Journal of Accountancy, Lou Carlozo examines auto portability, which has the potential to "impact the retirement plans of millions for the better." Carlozo details the progress auto portability is making with the Department of Labor, referencing the July 2017 letter from Senate Republicans. Carlozo extensively quotes RCH President & CEO Spencer Williams, as well as other industry experts, on the positive outlook for auto portability and its potential for solving the 401(k) "leakage" problem.
401k Specialist: Why Auto Portability Makes Everything Better
Great all by itself, auto portability also makes other retirement savings public policy initiatives a lot better.
The Most Urgent New Year’s Resolutions for Plan Sponsors
RCH President & CEO Spencer Williams offers plan sponsors 3 crucial resolutions for 2018, including: 1) ending automatic cash-outs, 2) offering roll-ins as part of a financial wellness program, and 3) engaging all participants on crucial decision-making.
Auto Portability Makes Everything Better
In his December 2017 Consolidation Corner blog post, Tom Hawkins writes about auto portability's special qualities. Great all by itself, auto portability also makes a lot of other retirement savings public policy initiatives a lot better.
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