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B
7 months ago

I would like to express my gratitude towards Retir...

I would like to express my gratitude towards Retirement Clearinghouse for their services. They have helped me immensely in consolidating my retirement accounts. The team was professional and friendly throughout the process.

B
8 months ago

I cannot thank Retirement Clearinghouse enough for...

I cannot thank Retirement Clearinghouse enough for their exceptional service. They aided me in consolidating my retirement accounts smoothly, and I am extremely satisfied with the result. Highly recommended!

M
1 year ago

I recently utilized the services of Retirement Cle...

I recently utilized the services of Retirement Clearinghouse for my retirement account consolidation. I must say, it was a great decision. They made the process stress-free and easy to understand. Thumbs up to the team for their excellent work!

C
4 years ago

Worst Company ever. Steals money from people who d...

Worst Company ever. Steals money from people who don't have much to invest. Charges exorbitant fees to people with little financial understanding, then charges them again to get their money. IF your company tells you they are investing your IRA in RCH or Retirement Clearinghouse LLC or any other RLJ company, tell them no thanks and open a free account at Fidelity or Schwab or some other reputable company. Hope this helps someone out and keeps them from making the mistake my wife made.

About Retirement clearinghouse

Retirement Clearinghouse: Moving Retirement Savings Forward with Auto Portability

Retirement Clearinghouse is a leading provider of retirement savings solutions that help individuals and employers manage their retirement accounts more efficiently. The company's flagship product, auto portability, is a fiduciary-friendly automatic rollover program that helps employees consolidate their retirement savings when they change jobs.

Auto portability is designed to address the problem of stranded 401(k) accounts, which occur when employees leave their jobs and fail to roll over their retirement savings into a new plan or IRA. According to Retirement Clearinghouse, there are currently over 24 million stranded accounts in the US with an estimated value of $1.5 trillion.

Auto portability works by automatically transferring an employee's 401(k) balance from their former employer's plan to their new employer's plan or IRA. This process is facilitated by Retirement Clearinghouse's proprietary technology platform, which uses advanced algorithms and data analytics to match employees with eligible plans based on factors such as account balance, age, and investment options.

The benefits of auto portability are numerous for both employees and employers. For employees, it means they can avoid costly fees associated with maintaining multiple accounts and potentially earn higher returns by consolidating their investments into one account. For employers, it means they can reduce administrative costs associated with managing multiple plans and improve compliance with ERISA regulations.

In addition to auto portability, Retirement Clearinghouse offers other solutions designed to help individuals manage their retirement savings more effectively. These include:

- Roll-in services: Allows individuals to consolidate multiple retirement accounts into one account.
- Cashout avoidance services: Helps individuals avoid cashing out small balances when changing jobs.
- Missing participant location services: Helps employers locate missing participants in order to distribute benefits owed.

Retirement Clearinghouse has received numerous accolades for its innovative solutions in the retirement industry. In 2020 alone, the company was named a finalist for "Most Innovative Investment Solution" at the Pension Bridge Annual Awards and "Best Innovation - Technology" at the WealthManagement.com Industry Awards.

Overall, Retirement Clearinghouse is committed to helping Americans save more effectively for retirement by providing innovative solutions that make it easier for them to manage their accounts throughout their careers. With its focus on fiduciary responsibility and cutting-edge technology platform, it is well-positioned as a leader in this important industry segment.

Retirement clearinghouse

Retirement clearinghouse

3.5