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.

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.

This story was originally published by Hindustan Times on MSN. Use the link below to read the full article at the source.

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