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Auto-portability for 401(k) accounts could get a boost toward mainstream adoption because of a new deal by The Vanguard Group Inc. and Retirement Clearinghouse LLC, reports 401K Specialist. The deal would allow Vanguard to offer plan sponsors a new portability solution to simplify small-balance 401(k) rollovers, which can help more employees preserve their retirement savings.
1. Hacking group Ransomhub claims to have stolen UnitedHealth data
2. Hackers leak stolen data from Change Healthcare on dark web
3. UnitedHealth estimates $1.6 billion loss from Change cyberattack
4. Biden administration limits Medicare Advantage broker compensation
5. Teladoc Health CEO Jason Gorevic steps down amid stock plunge
6. MultiPlan under scrutiny for minimizing out-of-network reimbursements