How Your 401k Plan's Auto-Portability Feature Works

Episode 56 explains auto-portability — the feature that automatically moves your 401k balance from an old job to a new one when you change employers. Lucas and Luna walk through how the Retirement Clearing House and Portability Services Network enable this, why it matters for the 24 million forgotten 401k accounts, and what it means if your plan offers it. They also discuss the SECURE 2.0 provisions that encourage auto-portability and how to opt out if you prefer to manage the rollover yourself. #AutoPortability #401k #RetirementPlans #SECURE2 #RetirementClearingHouse #PortabilityServicesNetwork #JobChange #Rollover #Forgotten401k #PlanFiduciary #EmployerRetirement #Finance #PersonalFinance #RetirementSavings #FexingoBusiness #BusinessPodcast #LucasAndLuna #The401kPodcast Keep every episode free: buymeacoffee.com/fexingo