News

Retirement Clearinghouse Consolidates $20B in Assets

401k Specialist's Amanda Umpierrez covers the news that Retirement Clearinghouse (RCH) has surpassed $20B in retirement savings account consolidations. Umperriez quotes RCH President & CEO Spencer Williams, and notes the importance of the Portability Services Network (PSN) in recent and projected future growth of the firm's consolidation practice.

Retirement Clearinghouse Reports Consolidating $20B in Assets

PLANSPONSOR's Emily Boyle reports on the 12/16/25 announcement by Retirement Clearinghouse (RCH), writing that RCH "has consolidated more than 525,000 retirement savings accounts, comprising more than $20 billion in assets, into existing 401(k) or individual retirement accounts over the past 16 years." Important to the consolidation narrative and results, Boyle also notes that the Portability Services Network (PSN) "is a collaboration between RCH and six major recordkeepers—Alight Solutions, Vanguard, Fidelity Investments, Empower Retirement, TIAA and Principal Financial Group."

Also featured in PlanAdviser

Congress Ought to Allow Roth IRA Rollovers

Kelsey Mayo, writing in ASPPA Net, identifies her top reasons why Congress should allow Roth IRA-to-401(k) Rollovers, as provided for in The Retirement Rollover Flexibility Act, proposed legislation that was introduced in early December, 2025 by Sens. Barrasso and Bennet, along with Reps. LaHood and Sánchez. One of Mayo's top reasons for supporting the legislation is that, in the context of auto portability, "Roth money [can] get stuck in the Roth IRA — never making it to the new employer plan" and preventing the full "actualization" of auto-portability.

Locating Missing Participants: Pro Tips

When plan sponsors consider missing participants, their predominant emotion is likely to be frustration – driven by a caseload of missing or unresponsive participants that defy resolution. As an administrator of IRAs, a 401(k)-plan sponsor and a provider of commercial search services, Retirement Clearinghouse (RCH) understands completely. With that in mind, RCH’s Tom Hawkins -- writing in ASPPA Net -- assembles some useful tips from our search “pros” – practical ideas for locating missing plan participants and keeping participant data in shape.

Also featured in NAPA Net

Reintroduced Bill Would Grant Roth IRA Rollovers

Writing in 401k Specialist, Amanda Umpierrez, Managing Editor, covers the reintroduction of a bill designed to allow savers to roll over Roth individual retirement accounts within the defined contribution system. Umpierrez outlines the essential elements of the bill, and quotes American Retirement Association (ARA) CEO Brian Graff, who states that the "Retirement Rollover Flexibility Act will reduce duplicative fees associated with maintaining multiple accounts, curb retirement savings leakage through seamless auto-portability."

ARA-Supported Bipartisan Bill to Permit Roth IRA Rollovers Reintroduced

Legislation that would allow retirement savers to roll over their Roth IRA savings into a Roth account within a workplace retirement plan was reintroduced on Dec. 4. The bipartisan, bicameral Retirement Rollover Flexibility Act — which the American Retirement Association (ARA) has endorsed — would amend the Internal Revenue Code to specifically allow the transfer of contributions from Roth IRA savings accounts into a Roth 401(k), Roth 403(b), or Roth 457(b). The legislation, notes the ARA and its legislative sponsors, specifically promotes expanded portability for Roth IRA savings, with ARA CEO Brian Graff stating that the bill would "curb retirement savings leakage through seamless auto-portability, and ensure workers can carry their Roth savings with them as they move through their careers."

Also featured in NAPA Net

'Trump Accounts' for kids just got a $6B boost. How can you claim one?

USA Today personal finance reporter Daniel de Visé once again takes on the topic of Trump Accounts, this time focusing on the news that Michael Dell, CEO of Dell Technologies, is contributing more than $6 billion to the program. De Visé also turns to multiple industry experts for their views on the program, including RCH's Spencer Williams and Neal Ringquist. Williams describes the "best case scenario" as having "that thousand dollars... sitting in that IRA, compounding" until retirement, while Ringquist characterizes Trump Accounts as "an 18-year head start to retirement."

Also featured in MSN.com, AOL, the Reno Gazette-Journal and other affiliated media outlets

A trifecta of solutions to close the retirement-savings gap

Writing in Employee Benefit News, RCH President & CEO Spencer Williams addresses a “trifecta” of retirement savings public policy solutions – Trump Accounts, the Saver’s Match and Auto Portability – that he characterizes as “transformational” initiatives which, “taken together, have the potential to incentivize retirement-saving opportunities for small-balance plan participants, thus significantly shrinking the existing wealth gap.” Williams cites the trillions in benefits associated with the three initiatives which “can, finally, resolve our country’s wealth gap over time.”