Spencer Williams

Making savings automatic and quantifiable can streamline the process of getting employees involved in saving for retirement and other financial goals.

Over half of account holders neglect to move their funds, resulting in penalties and fees.

Despite auto portability’s proven ability to cut 401(k) withdraws, a solution addressing leakage and the lack of seamless plan-to-plan asset mobility is missing.

Despite auto portability’s proven ability to cut 401(k) withdraws, a solution addressing leakage and the lack of seamless plan-to-plan asset mobility is missing.

In addition to generally offering poorly performing investment options, these accounts also stick participants with potentially high administration fees.

In addition to generally offering poorly performing investment options, these accounts also stick participants with potentially high administration fees.

Without measures to help workers avoid the decision to withdraw their savings, the proposed law is less likely to achieve the stated goals of its supporters.

Account balances for workers who changed jobs were 60% lower than those who stayed with one employer for a four-year period, according to one study.

Account balances for workers who changed jobs were 60% lower than those who stayed with one employer for a four-year period, according to one study.

Consolidating retirement accounts using auto-portability can protect data.