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Workers Cashing Out 401(k)s When They Switch Jobs
Business Insider
Apr. 5, 2023 "[N]early half of 162,360 employees who left their jobs between 2014 and 2016 at 28 US companies cashed out of workplace retirement plans like 401(k)s that incentivize saving over time.... Of the workers withdrawing from their funds after a job separation, only 27% were fired or laid off. " |
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