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Seven Obstacles to Rolling an Old 401(k) into a New One
U.S. News & World Report
Apr. 7, 2013 "Here's why it's difficult to keep your money in the 401(k) system: ... Plan administrators are not always required to allow former employees to leave funds in the 401(k) plan... 401(k) rollover waiting periods.... Complex 401(k) verifications.... Lengthy paperwork requirements.... Excessive processing time.... Potential to trigger fees and taxes.... Pervasive marketing of IRAs." MORE >> |
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