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DOL Finalizes Retirement Clearinghouse PTE
October Three Consulting 
[Guidance Overview] Aug. 8, 2019 "[The Retirement Clearinghouse (RCH)] program ... is an attempt to provide a private sector, clearinghouse-based solution to the problem of money 'leaking' from the retirement system when an employee changes jobs.... [As] part of its program RCH is providing a fairly robust missing participant search service. The result ... (on paper at least) is a solution to many of the problems intended to be solved by 'Retirement Savings Lost and Found' legislation that has been introduced in Congress." MORE >> |
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