Retirement Clearinghouse Press Releases

Read the latest press releases by Retirement Clearinghouse.


Nov
07
2017

PRESS RELEASE - Participant Response Suggests Pent-Up Demand for Comprehensive Roll-In Solution for Small Accounts

Boston Research Technologies (BRT) studied the first 4 months of the initial launch of RCH Auto Portability with a large plan sponsor in the healthcare industry and documented the key findings. BRT validated several hypotheses related to participant distribution behavior at job change that reinforce the potential for auto portability to save retirement plan participants trillions of dollars in savings by reducing cash out leakage.

Jul
25
2017

PRESS RELEASE - Auto Portability Goes Live: Solution Introduces First Automatic, End-to-End Processing of Rollovers into 401(k) Plans, Reducing Costs for Retirement Plans and Their Participants

Retirement Clearinghouse (RCH) has completed the industry's first fully-automated, end-to-end transfer of retirement savings from a safe harbor IRA into a participant's active account for a large plan sponsor in the healthcare services industry.

Apr
05
2017

PRESS RELEASE - Washington, D.C. Forum Establishes Auto Portability as Leading Public Policy Initiative

The Employee Benefit Research Institute (EBRI) estimates that the current and coming generations of retirement savers would have an additional $2 trillion, in today’s dollars, at age 65 if auto portability is fully implemented.

Jul
19
2016

PRESS RELEASE - Simio, RCH jointly announce the application of Simio simulation software

In a 7/19/16 Press Release, Simio LLC and Retirement Clearinghouse (RCH) jointly announced the application of Simio simulation software to one of the most difficult-to-solve problems in the retirement industry: cashout leakage that occurs when employees change jobs.

Jun
16
2016

PRESS RELEASE - Bipartisan Policy Center Calls for Improved Portability to Curb Cash-Out Leakage

Retirement Clearinghouse, LLC welcomes the report issued by the Bipartisan Policy Center’s Commission on Retirement Security and Personal Savings which, among other proposals, recommends the adoption of processes that enable the seamless transfer of retirement savings between defined contribution plans when participants change jobs.

May
10
2016

PRESS RELEASE - Simulation Shows Auto Portability Adds $115B to Retirement Savings

Retirement Clearinghouse, LLC will introduce a first-of-its-kind discrete event simulation at the 78th annual Employee Benefit Research Institute (EBRI) Policy Forum on May 12, 2016.

Jan
26
2016

PRESS RELEASE - RCH Applauds White House Initiatives to Improve Retirement Savings Portability

Robert L. Johnson, Founder and Chairman of the RLJ Companies and majority investor in Retirement Clearinghouse, LLC, welcomes President Barack Obama’s initiatives to enable more Americans to create a retirement nest egg, and make it easier for American workers to move their retirement savings into their new employers’ plans when they change jobs.

Jan
05
2016

PRESS RELEASE - ABGI & Retirement Clearinghouse Team Up to Provide Managed Portability Solutions

Alliance Benefit Group of Illinois (ABGI), a record-keeper and third-party administrator for employer-sponsored retirement plans, is teaming up with Retirement Clearinghouse, LLC to deliver cutting-edge managed portability solutions for participants in the plans it services.

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