Increased Cashouts at Job Separation Highlight Need for Auto-Portability
Despite incurring a 10% penalty for cashing out retirement savings early, research found that many employees liquidate 401(k) accounts when...
Tag: defined contribution plan automatic cashouts
House Bill Would Allow Sponsors to Force Larger Auto-IRA Cash Outs
The Retirement Plan Modernization Act would raise the automatic IRA rollover limit, based on the rate of inflation, from $5,000...