How do I register for Newport Group?
It's easy to get started. First, contact your Human Resources department. They'll have the materials you need to join your company-sponsored retirement plan. Once you join, you can access your new retirement account at any time on newportgroup.com.
What happens to a 401k when you quit?
You can leave your 401(k) with your former employer or roll it into a new employer's plan. You can also roll over your 401(k) into an individual retirement account (IRA). Another option is to cash out your 401(k), but that may result in an early withdrawal penalty, plus you'll have to pay taxes on the full amount.
What bank does Newport group use?
Walnut Creek, CA – May 21, 2020 – Newport, a leading provider of retirement plan services, announced today that it has entered into an agreement with Huntington National Bank to assume its retirement recordkeeping and administration business.
Who owns Newport retirement?
Newport Group is currently majority owned by funds managed by Stone Point Capital, LLC (Stone Point).