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Take it or Leave it? What Older Workers Do with Their 401(k) Balances (PDF)
Employee Benefit Research Institute [EBRI] Link to more items from this source
June 5, 2014
"[L]eaving money in the prior employer plan was the most common option, cited by 27.4 percent of respondents in 2010. Among those not already receiving benefits, an IRA rollover was the next-most common option cited (24.9 percent) by 2010 survey respondents, while withdrawals accounted for 15.6 percent and 17.5 percent of all outcomes in 2008 and 2010, respectively."

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