Participants still support automatic portability of 401(k)s: survey

It's estimated that every year, $92 billion leaves the U.S. retirement system when job-changing participants prematurely cash out their 401(k) savings accounts.

By Alan Goforth | April 27, 2021 at 03:19 PM

hands holding nest and egg with 401k written on it

In today's highly mobile workforce, nearly nine in 10 employees with access to an employer-sponsored defined contribution plan consider auto-portability to be a valuable benefit. The 401(k) plan default feature automatically transfers small-balance retirement savings when participants change jobs.

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Reflecting on Two Decades of Managed Accounts: Trends, Insights and Future Vision link

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Sponsored by Edelman Financial Engines

Reflecting on Two Decades of Managed Accounts: Trends, Insights and Future Vision

Edelman Financial Engines' new report features data and insights gained from 20 years of helping employees save for retirement through its industry-leading managed account program, exploring historical managed account member characteristics, noteworthy behavioral trends, and tendencies related to their investments.

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Sponsored by Health Care Administrators Association (HCAA)

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Discover how self-funded health plans and Third Party Administrators (TPAs) can significantly improve healthcare cost management for companies. Explore the advantages that empower employers of all sizes to optimize benefits while effectively controlling expenses.

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Participants still support automatic portability of 401(k)s: survey

Continue Reading for Free

1 Here's what self-funded health plans pay indie carriers for administration

2 Pennsylvania governor signs pharmacy benefit manager bill

3 DOL's new fiduciary rule on hold, as judge grants insurer groups' request for injunction

4 House Republican proposes making PBMs fiduciaries

5 Medical stop-loss premiums rise 11.5% for self-funded plans

Financial planning webinars: A new way to highlight a company's full benefits package

DOL's new fiduciary rule on hold, as judge grants insurer groups' request for injunction

IRS: New guidance on required minimum distributions, reflecting SECURE 2.0 changes

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Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

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Participants still support automatic portability of 401(k)s: survey

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1 Here's what self-funded health plans pay indie carriers for administration

2 Pennsylvania governor signs pharmacy benefit manager bill

3 DOL's new fiduciary rule on hold, as judge grants insurer groups' request for injunction

4 House Republican proposes making PBMs fiduciaries

5 Medical stop-loss premiums rise 11.5% for self-funded plans

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Financial planning webinars: A new way to highlight a company's full benefits package

DOL's new fiduciary rule on hold, as judge grants insurer groups' request for injunction

IRS: New guidance on required minimum distributions, reflecting SECURE 2.0 changes

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