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View More American Bar Association Joint Committee on Employee Benefits [JCEB] Webinars, Podcasts and Conferences

What You Need to Know About Autoportability

American Bar Association Joint Committee on Employee Benefits [JCEB]

June 15, 2023
1:00 - 2:30 p.m. ET

Autoportability is coming to a retirement plan near you—are you ready? Autoportability involves the automated movement of small account balances for terminated participants to active accounts in their new employers’ plans, with the goals to reduce leakage and help participants who switch jobs keep their retirement assets within the defined contribution system.

Autoportability was first made available in 2022. With the 2022 formation of an industry consortium and a new exemption under SECURE 2.0, availability of autoportability to defined contribution plan sponsors is anticipated to greatly expand. Plan sponsors considering adding autoportability to their retirement plans will need to assess new contract terms with their existing recordkeeper and with the autoportability providers.

Join our panel for an in-depth discussion of the following:

  • What autoportability is, why it matters, and how it works
  • The existing legal framework applicable to autoportability
  • The new SECURE 2.0 exemption
  • Considerations for plan sponsors in adopting an autoportability feature for their retirement plans.

More Information, How to Register

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