In his 2/28/17 article in 401kSpecialist, RCH's Tom Hawkins addresses the big changes that are ahead for small 401(k) accounts, driven by Auto Portability. Hawkins provides an historical perspective for these changes, which have largely benefitted plan sponsors but had adverse impacts upon participants. Auto Portability promises to change the dynamic, and is rapidly emerging as a viable industry-wide solution.
Read the Article in 401kSpecialist Magazine
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Individuals should consult their tax advisers or legal counsel for advice and information concerning their particular situation. Retirement Clearinghouse does not give legal, investment, or tax advice. IRA account fees and product information provided by Retirement Clearinghouse, LLC is subject to change without notice at the discretion of the IRA Provider. Securities are offered through RCH Securities, LLC, a wholly owned subsidiary of Retirement Clearinghouse, LLC and a member of FINRA (www.finra.org). RCH Shareholder Services is a wholly owned subsidiary of Retirement Clearinghouse, LLC and a registered transfer agent with the U.S. Securities and Exchange Commission.
