Retirement Clearinghouse

I just paid the $130 to have the Fidelity rep sell my 4 stocks on the spot; worth it to me. No other charge. Was most impressed with Salwa in Charlotte, she had us with exactly the right Fidelity rep in 3 minutes and had every step ready to roll.

On talks of China based companies being delisted, they cut the actual percentage of those companies in talks of being delisted. The mutual fund shows 18% gain, but they are showing 9% gain.

This is fraudulent, and my retirement company has a conversation with them on why this is.

Yahoo Finance, TD Waterhouse, and Alight Financial showing 9%, while WeBull and PROFUND (site- the actual mutual fund) showing 18%.

This makes no sense, and there is NOTHING in the news about anything being delisted. This smells like fraud.

Retirement Clearinghouse received funds for me from a retirement settlement involving a former employer. The company didn't notify me about the settlement or that it had my account.

I was made aware of it when I received a communication that it was raising its fees.

By that time, the company had drained the account with its excessive fees. Others who have had similar experiences can file a complaint with the Department of Labor's Employee Benefits Security Administration https://www.dol.gov/agencies/ebsa/about-ebsa/ask-a-question/ask-ebsa

Somehow my old employer screwed up rolling over an IRA, and I guess about $50 were left over. This was transferred to RCH who proceeded to charge a $3 fee a month.

Withdrawing would cost $30.

Free money for RCH I guess. What a scam.

I got a letter telling me I this company received $63 from a former employer. They charged me a $2.50 monthly fee and a $30 distribution fee to give me my money (more than half of the money).

I guess it was worth the phone call but I had no choice. The former employer did not even attempt to let me know there was money there and send it to me.

This is legitimate but it is absurd to pay these fees to get your money. They "invested" it in some *** Government fund.No

From January 1, 2019 to Dec. 31st my balance from a 401k rollover dropped from $416.74 to $388.96. All from excessive fees.

I just found out they had a 240 dollar acct that they got from my old employer. Its down to 147.

They charge 30 to get my money.

Money i never gave them. They are robbers in my opinion.

I called the clearing house to closeout my 401k due to health issues. They put in the wrong account number and wrong telephone number. Now in order to get my funds from HCA needed for surgery I have to get an affidavit signed/notarized and sent in and wait for them to cut a check and mail it to me.

This is really *** service!

where did they come from, seems everyone has the same amount of money!!!!!!!!!!!!!

I got a notice about a small 401k balance "Welcome to RCH Shareholder Services". .

.balance has been rolled over to an IRA with RCH in your name." Who the *** are you, I wanted to know. They also stated monthly account fees would be $2.50, increasing by .50 after a year and there would be a $30.00 to receive distribution of funds. I never asked for or wanted any kind of rollover and I certainly never agreed to incur any fees for doing so. Then they offer only one option online, no withdrawal option, but only an option to consolidate my retirement accoutns.

Tried to use this option to send the money to my other accounts, but the trick is you name the other accounts and RCH means to take your accounts from there and to RCH. It's a bad thing!!!!!!!!!!!

I had a notice that the balance of 45.11 was rolled over to an IRA with Retirement Clearinghouse (RCH) on Feb. 15, 2017 granted it is not much money but it is mine.

I called and it is now 36 dollars on March 9th 2017 and a few cents the opinions given, I can close the account today by giving them 50% of the money. This is a SCAM company why would HCA do this just leave it where it was I did not request or give my permission to move anything or this company to get my personal information at all.

This is so wrong of companies to work from within. Now in this review I must enter 100 words to it to be submitted

Same as the other complaint. Funds from a class action law suit were rolled to Retirement Clearinghouse.

It's a fraud and designed to steal money. This is an IRA and it's lost 10% every year TO MANAGEMENT FEES. I called to withdraw and was told there is a $50 dollar fee. You cannot reach them via the contact page on their website which I belive is intentional, they don't want a paper trail.

The only reason they have the funds is because of fraudulent practices. I have contacted the better bussiness bureau and Attorney Generals in two states. How do people like their CEO J.

Spencer Williams sleep.

Taking my Nortel 401k/Hewitt account hostage for days without my knowledge, loss of interest and demanding $50 service account fee to get my $ back

I check my retirement account every few days and I always do after a strong market day like Dec 18, 2014 only to notice my Nortel/Hewitt account xxxxxxxxxxxxxxxx1998 went from $7,641.57 on Monday Dec. 16th to zero December 18th.

After going into a little bit of a panic, I figured the account might not be syncing correctly or some sort of log in glitch. I logged on my Hewitt account that has all of my current info and the bal. is $0. Called the customer service number and spoke to Paul.

I was told my plan ended and the funds were transferred to them. I asked that the funds be sent to me tobe rolled over. I had never heard of this company nor did I agree with how they became the manager of these funds. I was told it is a ACH transfer and no fund are available until Dec 26th, ten days after the transfer.

I asked to have my funds transferred to me immediately and they couldn't so no access to my $ at all. I asked for a check to be send as soon as they hot the account and they said ok, it is going to cost you $50. I questioned why it cost me $50 to get my own $. They gave me the story that this is an account set up fee.

I said I don't have an account with you and don't want one, I want my $. The said sure, we will send you a check - $50. I asked them to remove the account fee, it was bad enough that they took my funds without my knowledge for ten days but even worse and charging me for them. The fund this was in made over 26.8% this year so I lost the market 250 point down run this week and need to pay $50 for the privilege.

They refused to waive the fee and as of right now I have no access to my funds through Hewitt or Retirement Clearinghouse, LLC.