Spencer Williams

Consolidating retirement accounts using auto-portability can protect data.

By educating employees about the importance of incubating saver’s credits, employers can make them less likely to cash out their 401(k)s when they change jobs.

Taking a closer look at the inner workings of ARO programs can shine a light on features that require attention, particularly in light of the recent DOL guidance on auto-portability.

Taking a closer look at the inner workings of ARO programs can shine a light on features that require attention, particularly in light of the recent DOL guidance on auto-portability.

High cash-out rates exacerbate an already challenging situation for some minority retirement savers. Households making $20,000 or less are especially vulnerable.

High cash-out rates exacerbate an already challenging situation for some minority retirement-savers. Households making $20K or less are especially vulnerable.

Although rainy day funds can be useful in the ongoing struggle to curtail leakage of savings from defined contribution plans, they won’t plug the biggest hole in the retirement system’s proverbial bucket.

Without an efficient, cost-effective way to transfer 401(k) account balances from plan to plan, participants are more likely to strand their accounts — or worse, prematurely cash out their savings.

Without an efficient, cost-effective way to transfer 401(k) account balances from plan to plan, participants are more likely to strand their accounts — or worse, prematurely cash out their savings.

A 4-step plan of action to improve your strategy for locating missing participants and beneficiaries.