Spencer Williams

The sheer number of modest, inactive 401(k)s — along with the friction in the industry that makes it difficult to seamlessly transfer the balances from plan to plan as participants change jobs — is causing a lot of undue stress.

The sheer number of modest, inactive 401(k)s — along with the friction in the industry that makes it difficult to seamlessly transfer the balances from plan to plan as participants change jobs — is causing a lot of undue stress.

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.