I signed up for an employer matched 401K that was administered by a reputable company, so I did my full 100% company matched contribution, and watched my balance soar over several years. After I left the company, they switched my account from a reputable provider to Retirement Clearinghouse. They then switched my account from a 401K to an IRA without my consent or knowledge. Then they started charging annual fees at first, now they have started charging a monthly fee as well.
My retirement is a percent of what it was when it was with the reputable company. I cannot find any information about this company, it's assets, phone number or even an address for them. They have just taken my money, and ran with it. For the last month I've been trying to get what little change is left in my account moved over to a reputable company, but they make that nearly impossible.
Retirement Clearinghouse Reviews
I signed up for an employer matched 401K that was administered by a reputable company, so I did my full 100% company matched contribution, and watched my balance soar over several years. After I left the company, they switched my account from a reputable provider to Retirement Clearinghouse. They then switched my account from a 401K to an IRA without my consent or knowledge. Then they started charging annual fees at first, now they have started charging a monthly fee as well.
My retirement is a percent of what it was when it was with the reputable company. I cannot find any information about this company, it's assets, phone number or even an address for them. They have just taken my money, and ran with it. For the last month I've been trying to get what little change is left in my account moved over to a reputable company, but they make that nearly impossible.