News

Exploring Auto Portability and the Future of Small Balance Accounts

NAGDCA Executive Director Matt Petersen sits down with Greg Long of Alight Solutions to discuss auto portability, a solution designed to help retirement savings follow participants as they change jobs and reduce leakage from small balance accounts.

Deloitte Teams Up With a Tar Heel Ally to RKers

The 401kWire's Selma Khenissi reports on the 6/30/26 press release announcing a strategic relationship between Retirement Clearinghouse and Deloitte Consulting, providing quotes from RCH Chairman Bob Johnson, as well as Jason Salzetti, CEO and Chair at Deloitte Consulting LLP. Khenissi also mentions RCH's role in "powering the Portability Services Network."

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Strengthening Missing Participant Policies: What’s New?

Writing in 401k Specialist, Tom Hawkins observes that a documented, well-structured missing participant policy is not just an operational necessity but is a core fiduciary responsibility. To that end, Hawkins informs readers that, as of 6/15/26, RCH has released a newly updated missing participant policy template (available for download here), reflecting evolving regulatory expectations and practical lessons from ongoing enforcement activity over the last two years. The new template, writes Hawkins, has “six key enhancements” that “represent a meaningful evolution from the foundational framework outlined in 2024.”

Previously featured in the RCH Consolidation Corner blog

Retirement Clearinghouse, Deloitte Expand Retirement Portability Services

Amanda Umpierrez, writing in 401k Specialist, covers the 6/30/26 announcement that Deloitte and Retirement Clearinghouse (RCH) have entered into a new partnership to address retirement savings portability, writing: "the new collaboration will use Deloitte’s services to expand adoption of RCH’s technology, and aims to help participants, especially lower-income workers, transfer retirement accounts seamlessly." Umpierrez also shares quotes from Robert L. Johnson, chairman of RCH, and Jason Salzetti, CEO and chair, Deloitte Consulting LLP.

Trump Accounts are now live. Here's how they work

USA Today reporter Daniel de Vise reports on the launch of the federal "Trump Accounts" savings program on July 4th, creating child‑specific IRAs that give a $1,000 government seed contribution to newborns and allows families and donors to contribute up to $5,000 annually. Explaining how the accounts work, De Vise turns to RCH founder & CEO Spencer Williams, who characterizes the program's investment rules as having an overarching theme of "invest in America" -- adding that, when the child turns 18, the Trump Account becomes "an ordinary IRA."

7 Reasons Why Plan Sponsors Should Adopt Auto Portability

As a guest author for the Plan Sponsor Council of America (PSCA), Steve Holman, SVP of PSN Strategy and Development, makes a compelling case for plan sponsor adoption of auto portability, as delivered by the Portability Services Network. Holman identifies four key issues that auto portability addresses, including high workforce mobility, reducing plan leakage, lowering administrative burdens, and curbing growth in small, inactive accounts -- while citing seven solid reasons why the choice to adopt auto portability adoption is in plan sponsors' best interests.

Also featured in NAPA Net News

Previously featured in the RCH Consolidation Corner blog

RCH Updates Missing Participant Policy Template

PLANSPONSOR journalist Emily Boyle reports on the recent release by Retirement Clearinghouse (RCH) of an updated missing participant policy template, which the firm has made available for download. The new template, writes Boyle: "reflects the Department of Labor’s increased focus on documentation, process integrity and proactive oversight as it oversees sponsors’ attempts to locate individuals who have become disconnected from their retirement savings accounts over time" and offers "three updates to a template that RCH released in 2024."

Shoring up retirement readiness will renew the American Dream

Writing in Employee Benefit News, RCH & PSN CEO Spencer Williams links America's 250th birthday celebration with the American Dream and achieving a financially secure retirement -- emphasizing the importance of protecting small-balance retirement savings when workers change jobs. As Williams observes: "making money is only half the battle to a secure retirement – saving money is the other half" -- and appeals to the retirement industry to "renew our commitment to helping Americans preserve their retirement savings, in order to increase the income they can enjoy after retiring."

Previously featured in the RCH Consolidation Corner blog