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Retirement Clearinghouse in the News
Find news articles referencing RCH and our services, including RCH Auto Portability
Local media outlet The Charlotte Weekly covers the news that Retirement Clearinghouse (RCH) will be adding 300 new employees and investing more than $4 million to expand its headquarters in Charlotte. The piece quotes RCH President & CEO Spencer Williams, who states “[w]e are proud to continue our growth right here in Mecklenburg County, where our company was founded.” Charlotte's Mayor Vi Lyles goes on the record to state: “Retirement Clearinghouse LLC provides a vital service for retirement planning and I know it will fit in well with business development initiatives in Steele Creek and south Charlotte.”
In their "Five Things to Know" weekly update, the Queen City Nerve reports on the news that RCH will be "adding 300 new employees and investing more than $4 million to expand their headquarters and corporate office in Charlotte." The segment also mentions RCH new office in the Ayrsley development in the Steele Creek community, and references the market potential of auto portability, estimated by EBRI to generate an additional $2 trillion in retirement savings.
Ignites reporter Beagan Wilcox-Volz examines in-depth the Tuesday, 8/11 announcement that Retirement Clearinghouse plans to add 300 employees to its Charlotte headquarters by 2026. Citing information provided by RCH President & CEO Spencer Williams, Wilcox-Volz links the expansion to the planned, nationwide roll-out of auto portability, to the firm's work with Alight Solutions and to the expectation that additional recordkeepers will sign up for the new technology.
In his 8/11/20 article in 401k Specialist, RCH’s Tom Hawkins characterizes the phenomenon of cashout leakage as a “tragicomedy” – incorporating aspects of both a tragedy and a comedy, but ultimately delivering a happy ending. While cashout leakage represents an ongoing tragedy, the term itself is goofy, and tough to take seriously, asserts Hawkins. However, recent events indicate that the widespread adoption of auto portability will finally deliver a happy ending to the problem.
NC Governor Roy Cooper, through his official website, announces that "Retirement Clearinghouse, LLC (RCH), a leading national name in retirement plan services, will create 300 new jobs in Mecklenburg County." Gov. Cooper went on to state “North Carolina continues to attract innovative technology companies like Retirement Clearinghouse" adding "[t]his Mecklenburg County expansion highlights the region and how its talented workforce can help tech companies reach their business goals.”
The NC Department of Commerce issues its official announcement that Retirement Clearinghouse (RCH) will create 300 new jobs in Mecklenburg County. The Department's announcement aligns closely with an earlier announcement from the NC Office of the Governor, and quotes NC Governor Roy Cooper, Commerce Secretary Anthony Copeland and RCH President & CEO Spencer Williams. The announcement identifies other key partners in the project to include the North Carolina Community College System, Mecklenburg County, the City of Charlotte, and the Charlotte Regional Business Alliance.
The City of Charlotte's Cory Burkarth covers the Tuesday, 8/11 announcement that RCH will expand it presence in Charlotte, adding 300 new employees and investing more than $4 million in their headquarters and corporate office. Burkharth reports that RCH will be moving into the Ayrsley development in Steele Creek, adding positions across the board. Burkharth notes that the benefits of RCH's auto portability solution are "staggering" and aligns well with the City's mission to improve economic mobility. The piece quotes RCH President & CEO Spencer Williams, as well as Charlotte mayor Vi Lyles, who lauds the expansion initiative.
Business Today NC reports that Retirement Clearinghouse (RCH) will invest $4.1 million to expand their headquarters and corporate offices in Charlotte, creating 300 new jobs. The piece goes on quote NC Governor Roy Cooper, NC Commerce Secretary Anthony Copeland and RCH President & CEO Spencer Williams.