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Retirement Clearinghouse Press Releases
Read the latest press releases by Retirement Clearinghouse.
A groundbreaking research study finds that retirement plan participants are overwhelmingly receptive to using their 401(k) plans as their primary retirement accounts during their working years—particularly Millennials and Generation-Xers—but they find the roll-in process confusing, difficult to decipher and time-consuming.
Retirement Clearinghouse, LLC has consolidated over 113,000 retirement savings accounts totaling more than $3 billion in assets into existing IRA or 401(k) accounts. The firm is the only independent party that consolidates assets into active 401(k) accounts through plan-to-plan transfers—helping workers save more money for retirement while reducing their expenses, and decreasing fees for plan sponsors by increasing average account balances.
Retirement Clearinghouse (RCH), the retirement savings industry’s only provider of automatic and managed portability solutions, has appointed industry veteran Neal Ringquist as executive vice president of sales and marketing with responsibility for the company’s marketing strategy and plan sponsor sales channel.
Retirement Clearinghouse LLC (RCH) today introduced an Internet-enhanced, comprehensive search service to locate missing retirement plan participants, plugging a gaping hole created when two government agencies discontinued programs that had been used extensively by retirement plan sponsors.
Continuing its steady growth, Retirement Clearinghouse, LLC (RCH) this month surpassed the $11 billion-dollar mark in savings it has guided through the retirement system by helping plan sponsors offer innovative savings consolidation programs to their participants.
Retirement Clearinghouse, LLC (RCH) has surpassed $10 billion in guiding retirement savings through the retirement system, reaching this milestone by helping execute automatic rollovers, roll-ins and other account consolidation actions while also providing Safe Harbor IRA’s.
A Boston Research Group case study validates the RCH business model, which delivers portability and consolidation, while reducing cash outs and leakage.
Retirement Clearinghouse, LLC (RCH) has appointed E. Thomas Johnson Jr. as a senior advisor to help promote awareness of the costs and complexities associated with the estimated 9 million employees entering and exiting workplace retirement plans each year, and RCH's innovative suite of services for addressing them.