Automatic 401(k) rollovers cut cash-outs, but few reach new employer plans

New research reports that automatic rollovers for small 401(k) balances reduce cash-outs. However, most of these accounts stay in temporary IRAs rather than moving to new employer plans.

Timeline

1. 31 Oct, 13:30 UTCCNBC reports on automatic rollover research

Top sources

• Automatic 401(k) rollovers reduce cash-outs, research finds — but few accounts reach new employer plansCNBC