Too many employees are still cashing out early

Duff, Susanna
November 1999
Employee Benefit News;Nov99, Vol. 13 Issue 13, p47
Reports on the findings of Hewitt Associates that 401(k) employee participants opt for cash instead of rolling over the balance to the next employer's retirement plans when changing jobs in the United States. Preference for cash payment for smaller balance; Turnover of the plans to individual retirement accounts instead of the next employers' plans; Ways for companies to increase rollovers into their plans.


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