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Secure Retirement Institute Predicts Increase in Money Moving from DC Plans to IRAs
LIMRA Secure Retirement Institute 
June 23, 2021 "Every year, defined contribution plan participants roll over more than $500 billion into IRAs after they retire or change jobs. [SRI®] predicts this to exceed $760 billion within the next five years. SRI research estimates that IRA rollovers represented approximately $565 billion in 2019, and jumped to $623 billion in 2020 ... Driven largely by the accrual of balances in workplace savings plans, rollovers rank among the largest financial transactions Americans will make." MORE >> |
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