A 12/8/22 @groomlawgroup-hosted webinar addressed the Portability Services Network, a retirement industry-led utility formed to accelerate the nationwide adoption of #401k#AutoPortability and included presenters from the founding recordkeepers. https://t.co/mkfSrs8Oed
In an effort to reduce employees cashing out of retirement plans when they change jobs, a large 401(k) record-keeper is adopting a service that automatically transfers balances of $5,000 or less to a new employer’s plan https://t.co/PU4oSRNDCc via @WSJ
"The beauty of this is all workers benefit, minority workers particularly benefit," says RLJ Companies Chair Robert Johnson on solutions to protecting your 401(k). "We can come together to solve an economic crisis called retirement savings."
'While the term *leakage* can carry comedic value—conjuring images of diaper-clad babies and adult undergarment—it’s a serious problem for our nation.' #401k#RetirementPlanning@RCHConsolidate https://t.co/z25OcW5QlW
Great insight into the benefits of auto portability
How 401k Auto Portability is Linked to Higher Efficiency, Lower Expenses via @401kspecmag https://t.co/fCLx3TbNay
EBRI News: Millennials Fare Well with DC Plans, Behavior of Consistent IRA Holders Over Time, Women in Retirement Study Resonates and More - https://t.co/ANIes0NlXA
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All the money goes to a great organization for the immediate needs and the recovery efforts for the #CampFireParadise
Thank you 🙏🏻 #ButteStrong#payitforward