Blog

Menu

Consolidation Corner Blog

Consolidation Corner is the Retirement Clearinghouse (RCH) blog, and features the latest articles and bylines from our executives, addressing important retirement savings portability topics.


May
10
2018

Missing Participants: An Ounce of Prevention Equals a Pound of Cure

Ben_FranklinWhen Ben Franklin coined the adage “an ounce of prevention is worth a pound of cure” he wasn’t considering the problem of missing participants, but 401(k) plan sponsors would be wise to heed Ben’s sage advice.  

Today, plan sponsors face an explosion of missing participants, driven by the ongoing adoption of auto enrollment and increasing workforce mobility.  Their problems are further compounded by the administrative burden required to locate them, combined with a regulatory minefield that offers little guidance and is prone to taking inconsistent enforcement actions.  

Read More
Dec
28
2017

The Most Urgent New Year’s Resolutions for Plan Sponsors

Three 2018 ResolutionsHow are you hoping to improve yourself in 2018?

The most common New Year’s resolutions usually have to do with personal appearance, health, or behavior—losing weight, exercising more, dieting, quitting smoking, etc. Popular polls indicate that many of us are after a slimmer, fitter body for ourselves after each New Year’s Day.

Similarly, defined contribution plan sponsors are likely thinking about how they can make their plans more attractive and streamlined in 2018.

Read More
Jan
03
2017

Changing Jobs in 2017? Take Your Retirement Savings With You

MarketWatchIn his latest article in MarketWatch, posted on New Year’s Eve, RCH President, CEO and RetireMentor Spencer Williams counsels those who switched jobs in 2016 to make their New Year’s resolutions to roll-in all of their retirement savings accounts – not just the account in their most recent prior-employer plan – into their new-employer plan.

Read More
Dec
12
2016

One 2017 New Year’s Resolution for Plan Sponsors: Encourage Roll-Ins

401k SpecialistAs 2016 draws to a close, most observers will reflect upon the events that have dominated retirement industry news coverage:  the Fiduciary Rule, the 10-year anniversary of the Pension Protection Act, and the Presidential election. These events will clearly shape plan sponsors’ activities and priorities for the New Year.

Read More
Dec
06
2016

Miracle on Retirement Street

MarketWatchIn his latest article in MarketWatch, RetireMentor and RCH CEO Spencer Williams gets us into the festive, holiday spirit by showcasing the “miracle” of compound interest. Compound interest is particularly relevant to retirement savers, whose nest eggs will incubate over a career. 

Read More
Nov
07
2016

A Roll-In in Time Saves Far More Than Nine

MarketWatchIn his latest MarketWatch RetireMentors column, RCH CEO Spencer Williams modifies the familiar proverb “a stitch in time saves nine” for the benefit of 401(k) savers who have multiple retirement savings accounts. A roll-in becomes the equivalent of the stitch, saving participants considerable time and money as they change jobs.

Read More
Oct
05
2016

How You Should Observe ‘National Save for Retirement Week’

MarketWatchIn his most recent article in MarketWatch, RCH’s Spencer Williams notes the upcoming ‘National Save for Retirement Week’ event, and employs some clever word-association that has readers re-thinking the meaning of the word “save.”

Read More
Sep
22
2016

The One Solution Everyone in DC Agrees Upon: We Need Consolidation


Washington DC at nightThis summer, there’s one topic that everyone in Washington, D.C. seems to agree upon: the importance of consolidation in protecting Americans’ retirement security.

Read More
Sep
13
2016

Consolidation: Make the Smart Decision the Easiest Decision

Boston Research Technology America's Mobile Workforce“Make the smart decision the easiest decision” seems like an obvious goal for plan sponsors when designing participant-directed retirement plans, and it’s certainly driven the rapid adoption of the autos—auto enrollment, auto deferral escalation, and auto investment options, such as target-date funds and managed accounts.

Read More
Sep
07
2016

Making Your Day, Re-Visited: When Retirement Savers’ Luck Runs Out

MarketWatchIn his most recent article in MarketWatch, "Are you still feeling luck, 401(k) saver?" RCH’s Spencer Williams reprises last year’s 7/10/15 article where he channeled Clint Eastwood’s iconic movie hero “Dirty Harry” Callahan. Just like the movie villains whose luck ran out at the hands of Dirty Harry, retirement savers who strand their 401(k) accounts must run a gauntlet of decidedly unlucky outcomes – including involuntary cashouts, automatic rollovers and savings-depleting fees.

Read More
Page:
1