Featured Jobs
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Regional Sales Director-Heartland July Business Services
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Regional Sales Director-Mid Atlantic July Business Services
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Spectrum Pension Consultants (part of Daybright Financial)
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EPIC RPS
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Independent Retirement
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Internal Channel Sales Team Lead July Business Services
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Daybright Financial
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Relationship Manager – Defined Contributions Daybright Financial
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Director of Regulatory Operations and Compliance PCS Retirement
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Nova 401(k) Associates
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Experienced Employee Benefits Attorney Shipman & Goodwin LLP
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EPIC RPS
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Daybright Financial
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Stones River Consulting
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Director, Strategic Accounts and Channel Development July Business Services
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Independent Retirement
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What You Need to Know About AutoportabilityAmerican Bar Association Joint Committee on Employee Benefits [JCEB] |
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June 15, 2023 On-Demand Webinar |
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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:
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