• Find your HR website
    • Australia
    • Germany
    • Hong Kong
    • Singapore
    • Thailand
    • United Kingdom
    • United States
Alight Get Started
Alight
  • Solutions

    What’s new Health Administration Solutions Wealth Administration Solutions Payroll Administration Engagement and Communications HCM and Financial Management
     

    What’s new

    Alight Total Health Alight AMS as a Service

    To unlock and create growth

    Integrated solutions designed for enterprise-wide results. These offerings make the most of your investments in both technology and people.

    Health Administration |
    Employer Solutions

    Health Benefits Administration Healthcare Navigation Reimbursement Solutions Dependent Verification Services Compliance

    To better wellbeing

    Solutions to help employees and employers choose, use and manage their health benefits.

    Wealth Administration |
    Employer Solutions

    Defined Benefit Administration Defined Contribution Administration WealthSpark™ Managed Accounts & Advisory Self Directed Brokerage Pension De-riskingAlight Financial Path

    To build a future

    Solutions to help employees and employers choose, use and manage their wealth benefits.

    Payroll Administration |
    Employer Solutions

    Cloud HCM and Payroll Administration Global Payroll

    To keep spend in shape

    Solutions to administer, optimize and scale your payroll.

    Engagement and Communications |
    Employer Solutions

    Benefits Guidance Hyper-personalization Communications Consulting UPoint® and Digital Innovation Research

    To spark interest

    Solutions to create a more memorable employee experience.

    HCM and Financial Management |
    Professional Services

    HCM Cloud Advisory HCM Cloud Deployment HCM Application Management Services (AMS) Financial Cloud Advisory Financial Cloud Deployment Financial Application Management Services (AMS) Workday Adaptive Planning Implementation

    To keep things running smoothly

    Solutions to better manage your workforce from the cloud.

  • INSIGHTS

    Explore Insights Latest Insights
     
    Categories Topics Function

    CATEGORIES

    Health Wealth HR Financial Management HCM SEE ALL

    FEATURED INSIGHTS

    Finance is moving to the Cloud ...are you ready?

    Read More

    The Advantages for Health Saving Accounts (HSAs): Employees find balance between health and wealth

    Read More

    TOPICS

    Alight Research Benefits Administration Compliance, Legislation & Regulation Consumer Healthcare Education Customer Success Stories Dependent Verification Health Savings & Reimbursement Accounts Open Enrollment Payroll & Compensation Savings & Retirement Planning Workday
    SEE ALL

    FEATURED INSIGHTS

    Finance is moving to the Cloud ...are you ready?

    Read More

    The Advantages fo Health Saving Accounts (HSAs): Employees find balance between health and wealth

    Read More

    FUNCTION

    Human Resources Finance Information Technology SEE ALL

    FEATURED INSIGHTS

    Finance is moving to the Cloud ...are you ready?

    Read More

    The Advantages fo Health Saving Accounts (HSAs): Employees find balance between health and wealth

    Read More
  • EVENTS

    Explore Events

    FEATURED EVENTS

    Webinar
    Cloud transformation during disruption and change
    ON-DEMAND WEBINAR
    WATCH NOW
    Webinar
    Rethinking and activating your 2021 enrollment plan
    ON-DEMAND WEBINAR
    WATCH NOW
    Webinar
    Global payroll—now and up next
    ON-DEMAND WEBINAR
    WATCH NOW
  • WORK WITH US

     
    Our Markets Our Partnerships

    OUR MARKETS

    5K Employees Public Sector 5K - 10K Employees Brokers 10K+ Employees Europe APAC

    FEATURED CASE STUDIES

    Curtiss-Wright: Increasing utilization and satisfaction with an integrated benefits platform

    View Case Study

    Pathway Vet Alliance: Thriving in the cloud with Alight and Workday

    View Case Study

    OUR PARTNERSHIPS

    Workday SAP SuccessFactors Cornerstone OnDemand Oracle Alight Partner Network

    FEATURED CASE STUDIES

    Curtiss-Wright: Increasing utilization and satisfaction with an integrated benefits platform

    View Case Study

    Pathway Vet Alliance: Thriving in the cloud with Alight and Workday

    View Case Study
  • ABOUT US

    Our Story Leadership Team Newsroom Awards Careers

    FEATURED NEWS

    Alight’s new integrated digital solution makes managing finances easier for U.S. workers
    Read More
    Alight’s digital employee events platform provides rich, expansive user experience and optimizes engagement
    Read More
    Alight Solutions and Foley Trasimene Acquisition Corp. Announce Merger
    Read More
Find your HR website
Get started
  • Australia
  • Germany
  • Hong Kong
  • Singapore
  • Thailand
  • United Kingdom
  • United States
Home
Research & Insights
Benchmarking 401k rollover behavior

Benchmarking 401(k) rollover behavior

Participants in retirement plans in the U.S. receive generous tax incentives from the federal government to encourage saving for retirement. As taxpayers, both employers and individuals have a vested interest in ensuring these dollars are used for their intended purpose—and not to pay inflated fees for services.


Rolling retirement assets out of employersponsored plans and into individual retirement accounts (IRAs) can place hardsaved dollars at risk, which has resulted in the increased scrutiny of rollover practices.

The attention on rollovers has, in part, been fueled by the Department of Labor’s fiduciary regulation that underscores the importance of providing trusted and unbiased guidance to individuals when they are making the key decision about what do to with the savings in their company’s retirement plan. Additionally, a 2013 report from the Government Accountability Office1 (GAO) condemned practices that appear to steer individuals to roll over their 401(k) balances to IRAs.

In light of this increased attention, sponsors of large retirement plans are asking some fundamental questions:

  1. Should plan sponsors monitor the IRA rollovers from their plans? Why or why not?
  2. What are “good” reasons for people to roll 401(k) balances into IRAs?
  3. How can plan sponsors know if their participants are subject to undue influence or steerage with respect to rollover decisions?
  4. Who is responsible for assessing rollover behavior?
Please fill out the form to access the content
Field is required
Field is required
Field is required
Field is required
Field is required
Field is required
Related Tags
Wealth Human Resources Savings & Retirement Planning Alight Research
Wealth solutions
Flexible plans for multiple financial situations. It’s never too early to prepare.
Wealth solutions
Learn more
Related Content
Article
Alight Solutions 401(k) Index™: February 2021 Observations →
February was a light trading month for 401(k) investors, according to the Alight Solutions 401(k) Index.
Wealth
Savings & Retirement Planning
Alight Research
Article
How leadership, culture and data define profitable employee experiences →
A 2021 Harvard Business Review Analytic Services report, sponsored by Alight
Health
Wealth
Benefits Administration
Article
COVID-19 Relief Legislation: Consolidated Appropriations Act, 2021 →
On December 27, the President signed the Consolidated Appropriations Act, 2021 into law. This legislation includes continued funding for government agencies and additional COVID-19 relief measures.
Wealth
Health
US COVID-19
Industry Report
2021 Workforce Mindset Study →
Alight’s Workforce Mindset® Study examines a range of workplace topics such as the employee experience, cultural characteristics and differentiators, total rewards, communication and technology.
Wealth
Savings & Retirement Planning

Resources

  • Talk to sales
  • Find your HR website
  • Careers
  • Legacy Resources

Connect with Us

  • LinkedIn
  • Twitter
  • Facebook
  • YouTube
  • Instagram

  • Office Directory
  • Terms and Conditions
  • Privacy Policy
  • Cookie Policy
Alight

© 2021 Alight®. All rights reserved.