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GAO Criticizes Current Procedures for 'Forced' 401(k) Plan Rollovers
October Three ConsultingLink to more items from this source
Feb. 9, 2015

"This report is part of an increasing focus by policymakers on issues related to rollovers. That increase in focus is in part the result of increased baby-boom retirements and increasing workforce mobility.... GAO was critical of several aspects of current 'forced transfer' practice ... Dealing with missing participants remains, for sponsors, a chronic problem -- for the half of sponsors that do not force cash-outs and for balances over $5,000."

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