Spencer Williams

Portability solutions are a proven method for facilitating and actively encouraging participants to keep their hard-earned savings in the retirement system.

Reducing cash-outs and stranded 401(k) accounts increases average account balances, a key industry metric for measuring retirement plan success.

Commentary: Many safe harbor IRAs don’t live up to their name and could leave sponsors with unexpected fiduciary liability.

Commentary: The term ‘fiduciary’ is often hard to define and can be interpreted in many ways, so it begs the question: How can plan sponsors best fulfill their fiduciary responsibilities in the context of a mandatory distribution program?

The surge of small 401(k) account balances is the result of a perfect storm — increasing rates of adoption for automatic enrollment combined with the high frequency of job changes observed in today’s mobile workforce.