June
22
Before you Cash Out, Catch Up on Choices
Posted In: Grand Rapids MN College by admin
GRAND RAPIDS, MI – There’s a growing trend with U.S. workers who change jobs– they’re cashing out their retirement accounts. A recent survey of 401(k)participants, done by Hewitt and Associates, shows that about half of employeesthat leave their jobs choose to cash out their 401(k) plans instead of rollingthem over. This trend might seem harmless at the time, but it can jeopardizefuture retirement.There are...