Spencer Williams

With high medical prices causing many workers to contribute less to their 401(k)s, plan sponsors should encourage employees to consolidate savings in their current-employer plan to help them in their post-work years.

With high medical prices causing many workers to contribute less to their 401(k)s, plan sponsors should encourage employees to consolidate savings in their current-employer plan to help them in their post-work years.

Retirement sponsors need to put a stop to tens of billions of dollars leaving the nation’s retirement system due to cash-outs.

Retirement sponsors need to put a stop to tens of billions of dollars leaving the nation’s retirement system due to cash-outs.

Plan sponsors need to improve employees' well-being by actively encouraging roll-ins.

Plan sponsors need to improve employees’ well-being by actively encouraging plan roll-ins.

Employers need to help fix flawed plans by helping participants routinely consolidate their savings.

Employers need to help fix flawed plans by helping participants routinely consolidate their savings.

401(k) automation can help more employees increase their retirement savings, and empower more sponsors to improve their plan performance metrics, without negative consequences, says Spencer Williams.

401(k) automation can help more employees increase their retirement savings, and empower more sponsors to improve their plan performance metrics, without negative consequences, says Spencer Williams.