Proven, market-leading solutions for both growing and complex organizations
Across the globe, Alight is ready to help your organization thrive
Proven, cost-effective solutions that meet your agency’s complex needs
Work with an independent partner dedicated to your success
A curated network of solutions to help your people make smarter, more proactive decisions
Alight Solutions is a leading provider of integrated benefits, payroll and cloud solutions. With more than 15,000 professionals across 29 countries, Alight provides leading-edge benefits administration and ERP technology and services to more than 3,250 clients including 50% of the Fortune 500. Alight’s combination of data-driven insights and technology expertise creates unique value for clients. Alight is a six-time member of IAOP’s Global Outsourcing 100. Learn how Alight drives better business outcomes and employee wellbeing for organizations of all sizes at alight.com.
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: