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. Otherwise, a "tidal wave" of cashout leakage could result.
Read the article in BenefitsPRO
Read the post in Consolidation Corner
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1916 Ayrsley Town Boulevard
Suite 200
Charlotte, NC 28273
Individuals should consult their tax advisers or legal counsel for advice and information concerning their particular situation. Retirement Clearinghouse does not give legal, investment, or tax advice. IRA account fees and product information provided by Retirement Clearinghouse, LLC is subject to change without notice at the discretion of the IRA Provider. Securities are offered through RCH Securities, LLC, a wholly owned subsidiary of Retirement Clearinghouse, LLC and a member of FINRA (www.finra.org). RCH Shareholder Services is a wholly owned subsidiary of Retirement Clearinghouse, LLC and a registered transfer agent with the U.S. Securities and Exchange Commission.
