401(k) portability system cuts retirement cash-outs among job switchers, but only 6% reach new plans
Summary
The 401(k) portability system has reduced retirement cash-outs among job switchers, but only 6% of transferred accounts have reached new employer plans.
Description from Hindustan Times.
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401(k) portability system cuts retirement cash-outs among job switchers, but only 6% reach new plans
The 401(k) portability system has reduced retirement cash-outs among job switchers, but only 6% of transferred accounts have reached new employer plans.
