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.

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.

Plan participants should know how to roll-over their 401(k), says Retirement Clearinghouse’s Spencer Williams.

Plan participants should know how to roll-over their 401(k), says Retirement Clearinghouse’s Spencer Williams.

The tech-based innovation can help workers keep money in their retirement plans and relieve record-keepers from the challenges presented by small accounts.

The strategy not only helps improve employees’ chances of achieving a financially secure retirement, but it also increases plans’ average account balances.

As we mark National Save for Retirement Week, plan sponsors should consider what they can do to power portability so that employees can improve their outcomes.

Employers should work with roll-in service providers to make the task easier for current and former employees.

Plan participants cash out retirement funds at alarming rates, and participants need to have services available to help them make good decisions at the time of a job change, says Retirement Clearinghouse’s Spencer Williams.

Plan participants cash out retirement funds at alarming rates, and participants need to have services available to help them make good decisions at the time of a job change, says Retirement Clearinghouse’s Spencer Williams.