Episode 81: Portability Services Network Update with Neal Ringquist

22/10/2025 28 min
Episode 81: Portability Services Network Update with Neal Ringquist

Listen "Episode 81: Portability Services Network Update with Neal Ringquist"

Episode Synopsis

In this episode of Revamping Retirement, hosts Audrey Wheat and Peter Ruffel welcome back Neal Ringquist, executive vice president and chief revenue officer of Retirement Clearinghouse, for a deep dive into auto portability and the Portability Services Network (PSN). Neal explains how auto portability enables seamless retirement balance transfers between employers, backed by regulatory support and a consortium of major record keepers. The conversation highlights key adoption metrics—over 21,000 plan sponsors enrolled and 16,700 completed transactions—and explores future applications like the Saver's Match. The episode also clears up common misconceptions and encourages plan sponsors to engage in expanding PSN's impact.   Get more insights for retirement plan sponsors by subscribing to Revamping Retirement.