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Auto Portability in the News
Browse the most comprehensive collection of articles in the media that feature auto portability.
Retirement Income Journal's Kerry Pechter reports on the progress towards solving cash-out leakage, with auto-portability recently going live with a large recordkeeper and a mega plan sponsor. Pechter interviews RCH founder, president & CEO Spencer Williams.
401kWire's Chelsea Tyson reports on RCH's completion of the "first fully automated, end-to-end transfer of retirement savings from a safe harbor IRA into a participant's active account."
Testifying before a July 19 House Ways & Means Subcommittee on Tax Policy, NAPA Vice President Jania Stout offered her support for auto portability.
Senator Scott Letter, auto portability received an endorsement during a hearing on Capitol Hill this week.
PLANSPONSOR's Rebecca Moore reports on the letter from US Senator Tim Scott, urging Labor Secretary Alexander Acosta to provide guidance on auto portability "as soon as possible."
NAPA Net's Ted Gobbout reports that U.S. Sen. Tim Scott (R-S.C.) will deliver a letter to Labor Secretary Alexander Acosta, urging DOL guidance on 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.