How Auto Portability Is Reshaping The 401(k) Experience For New Hires
Greg Long, head of public policy and the defined contribution public sector leader at Alight Solutions, member of the Board of Directors at the Portability Services Network (PSN) and previous Executive Director of the Federal Retirement Thrift Investment Board, sits down with Russ Alan Prince of Financial Advisor Magazine to address how auto portability is reshaping the 401(k) experience for new hires. In a wide-ranging discussion, Long states that auto portability "removes....barriers, transforming what used to be an ordeal into a seamless, cost-effective process" and adds that auto portability improves plan metrics, while enhancing the effectiveness of auto enrollment -- collectively representing "a true advancement in the 401(k) experience."
More Than $20B, Across More Than 525.000 Accounts
The 401kWire's Selma Khenissi reports on the announcement from Retirement Clearinghouse (RCH) that it has consolidated over $20 billion in retirement assets, which represents "a doubling in four years." Khenissi's piece adds color to the news with quotes from RCH's Neal Ringquist, who speaks to the volumes recently contributed by the Portability Services Network (PSN) as well as the fact that these results represent "positive participant outcomes and plan metrics."
Retirement Clearinghouse Consolidates $20B in Assets
401k Specialist's Amanda Umpierrez covers the news that Retirement Clearinghouse (RCH) has surpassed $20B in retirement savings account consolidations. Umperriez quotes RCH President & CEO Spencer Williams, and notes the importance of the Portability Services Network (PSN) in recent and projected future growth of the firm's consolidation practice.
Retirement Clearinghouse Reports Consolidating $20B in Assets
PLANSPONSOR's Emily Boyle reports on the 12/16/25 announcement by Retirement Clearinghouse (RCH), writing that RCH "has consolidated more than 525,000 retirement savings accounts, comprising more than $20 billion in assets, into existing 401(k) or individual retirement accounts over the past 16 years." Important to the consolidation narrative and results, Boyle also notes that the Portability Services Network (PSN) "is a collaboration between RCH and six major recordkeepers—Alight Solutions, Vanguard, Fidelity Investments, Empower Retirement, TIAA and Principal Financial Group."
Also featured in PlanAdviser
Congress Ought to Allow Roth IRA Rollovers
Kelsey Mayo, writing in ASPPA Net, identifies her top reasons why Congress should allow Roth IRA-to-401(k) Rollovers, as provided for in The Retirement Rollover Flexibility Act, proposed legislation that was introduced in early December, 2025 by Sens. Barrasso and Bennet, along with Reps. LaHood and Sánchez. One of Mayo's top reasons for supporting the legislation is that, in the context of auto portability, "Roth money [can] get stuck in the Roth IRA — never making it to the new employer plan" and preventing the full "actualization" of auto-portability.
Reintroduced Bill Would Grant Roth IRA Rollovers
Writing in 401k Specialist, Amanda Umpierrez, Managing Editor, covers the reintroduction of a bill designed to allow savers to roll over Roth individual retirement accounts within the defined contribution system. Umpierrez outlines the essential elements of the bill, and quotes American Retirement Association (ARA) CEO Brian Graff, who states that the "Retirement Rollover Flexibility Act will reduce duplicative fees associated with maintaining multiple accounts, curb retirement savings leakage through seamless auto-portability."
ARA-Supported Bipartisan Bill to Permit Roth IRA Rollovers Reintroduced
Legislation that would allow retirement savers to roll over their Roth IRA savings into a Roth account within a workplace retirement plan was reintroduced on Dec. 4. The bipartisan, bicameral Retirement Rollover Flexibility Act — which the American Retirement Association (ARA) has endorsed — would amend the Internal Revenue Code to specifically allow the transfer of contributions from Roth IRA savings accounts into a Roth 401(k), Roth 403(b), or Roth 457(b). The legislation, notes the ARA and its legislative sponsors, specifically promotes expanded portability for Roth IRA savings, with ARA CEO Brian Graff stating that the bill would "curb retirement savings leakage through seamless auto-portability, and ensure workers can carry their Roth savings with them as they move through their careers."
Also featured in NAPA Net
7 New Stats on 401(k)s, IRAs: Fidelity
ThinkAdvisor's Michael Fischer reports on Fidelity's Q3 2025 report indicating that "average 401(k), IRA and 403(b) account balances reached new record highs in the third quarter." Another important finding in the report, writes Fischer, is "since October 2022, some 9,200 Fidelity 401(k) plans have adopted Auto Portability, resulting in $24 million in retirement savings preserved in the firm’s 401(k) plans." Fidelity is a founding owner-member of the Portability Services Network (PSN), dedicated to the widespread adoption of auto portability.
