In the News

Title

Majority of retirees roll funds out of 401(k) plans

Document Type

Article

Publication Date

3-15-2016

Abstract

Back in 1982 when leading edge baby boomers were in their 30s and launching their careers, a British punk rock group called The Clash released their only hit single, “Should I Stay or Should I Go?” Today, more than 30 years later, many of those boomers are wondering the same thing about their retirement savings: Should they let their money stay put in their former employer's 401(k) plan or rollover the funds to an individual retirement account.