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Most Retirees Leave Ex-Employer's Plan Within Five Years
HR Daily AdvisorLink to more items from this source
Oct. 6, 2015
"The overwhelming majority of defined contribution plan participants at retirement age roll their retirement savings over from their employer's plan to an individual retirement account within five years of leaving the company ... With the knowledge that so many retirement-age participants plan to move their retirement savings from the employer's account upon leaving the company and park the money for a while, plan sponsors may want to reconsider whether their plan should use a conservative 'to retirement' approach that assumes assets are going to be used immediately[.]"

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