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A (Really) Surprising Reason for High Retirement Plan Leakage
American Retirement Association [ARA] 
Apr. 12, 2023 "[R]esearchers found that behavioral rather than economic factors account for high withdrawal rates at job separation, and the employer match might be to blame.... [A] 50% increase in employer/employee match rate increases leakage probability by 6.3% at job termination.... With the Bureau of Labor Statistics estimating that the average worker will have 12.4 jobs in a career, the findings make a strong case for auto portability within the retirement plan system, something SECURE 2.0 addressed." |
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