In the News

Title

How Retirees Decide Whether to Roll Over Their 401(k)s

Document Type

Article

Publication Date

3-14-2016

Abstract

When American workers with significant assets in their defined contribution plan had to decide what to do with the money after they left full-time employment, 62% in a recent survey moved it out of the plan, and the vast majority did so with the help of an advisor.

Slightly more than half of those who left their money in the plan had professional advice.