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

Workers with small 401(k) balances are cashing out less often under an automatic portability program, but most accounts remain in temporary IRAs

Read full article at CNBC →

Originally published by CNBC. Summary and curation by DutyStation News.

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