In the News

Title

In Midst Of National Discussion Around Retirement Savings Rollovers, The American College Releases New Research Examining The Real Behavior Of Consumers Facing This Critical Decision

Authors

PR Newswire

Document Type

Article

Publication Date

3-14-2016

Abstract

As the national dialogue around retirement plan rollovers and the proposed Department of Labor rules continues, The Center for Retirement Income at The American College of Financial Services today released the findings of a comprehensive new survey that explores the actual behavior of individuals when facing the rollover decision.

The study finds that the majority (62%) of recent retirees with substantial assets in a defined contribution plan at retirement chose to move their assets out of the plan.