Tag: retirement plan auto-portability

Rollovers Important to Retirement Income Adequacy

EBRI found a significant difference in retirement deficits when comparing the current environment where defined contribution plan participants rollover their assets versus a hypothetical state where workers never rollover their DC assets.

ERISA Industry Stakeholders Analyze Auto-Portability Potential

While enjoying broad support, at this early stage, it is unclear what responsibility a plan sponsor would retain for data security and accurate processing; in addition, auto-portability solutions may be limited by recordkeepers’ willingness to share participants’ personally identifiable information with a third party.