Premier Plan Consultants
Wespath Benefits and Investments
Trucker Huss, A Professional Corporation
Carpenter Morse Group Inc.
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|401(k) Spring a Leak: Boomers Switching Out of Accounts|
July 1, 2005
Excerpt: When an employee retires or switches jobs, the industry manages to hold on to just 30 cents of every dollar in a 401(k) or similar plan. Now, the rate of rollovers out of fund companies is set to explode, from $198 billion in 2003 to $401 billion in 2010, according to market tracker Financial Research Corp. (FRC).
|Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).|
|An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).|