Employer plans chasing $1T in rollovers
Employer-sponsored plans are actively positioning to capture part of the roughly $1 trillion in annual rollovers from job-switchers, directly challenging traditional IRA destinations argued. That trend reframes rollovers as a battleground where plan portability and seamless transfer tech will decide who owns this flow.
Hearts & Wallets’ Money Movement [2025 found]napa-net.org $1 trillion in retirement rollovers in 2025 and reported $160 billion routed into new employer-sponsored plans — roughly double the $80 billion seen in 2022. Robinhood ran a limited-time 3% IRA/401(k) match for select transfers and rollovers to Gold subscribers and has reimbursed transfer fees on qualifying transfers. cnbc.com Hearts & Wallets also lists Charles Schwab, Edward Jones, Vanguard, Raymond James and LPL among the financial stores with the largest net rollover inflows. napa-net.org The Department of Labor proposed) auto‑portability regulations under SECURE 2.0 on Jan. 18, 2024, allowing automatic transfers for accounts with $7,000 or less; recordkeepers and the Portability Services Network are building the APIs and testing implementation to enable plan-to-plan rollovers. dol.gov Hearts & Wallets reported) that two‑thirds of rollover decisions occur more than six months after job separation and that 16% of rollovers exceed $100,000, while industry reporting shows the operational transfer process typically completes in about four to six weeks. napa-net.org
