Auto Portability in the News
Browse the most comprehensive collection of articles in the media that feature auto portability.
The beginning of the end of "leakage"?
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.
Retirement Clearinghouse Paves Path to Portability
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."
A Big Step Forward for Auto Portability
Auto portability is now live in America's defined contribution system, implemented by Retirement Clearinghouse and Conduent HR Services for the benefit of a mega plan sponsor's participants.
NAPA VP Janine Stout Supports Auto Portability Before Congress
Testifying before a July 19 House Ways & Means Subcommittee on Tax Policy, NAPA Vice President Jania Stout offered her support for auto portability.
Washington Recognizes Need for Retirement Plan Portability Solutions – Part 2
Senator Scott Letter, auto portability received an endorsement during a hearing on Capitol Hill this week.
Lawmakers Request Guidance for Auto-Portability of Retirement Savings
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: Senators to Urge DOL to Issue Guidance on Auto Portability
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.
BenefitsPRO: Plug the Leaks Before Expanding Access
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.
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