The Financial Research Corp. announced Wednesday that itexpected IRA rollover contributions to total $2 trillion between2011 and 2015. Rollovers have historically been a "major source ofcontributions for IRAs," according to the report, and will continueto be a major driver.
The release noted that it was “increasingly attractive” forworkers to leave money in former employers’ retirement plans when theychanged jobs.
"There are a lot of workers where 401(k)s make up the lion'sshare of their savings," Matt Schott, vice president and retirementincome practice leader at FRC, told AdvisorOne. "Things are evolvingto where, particularly if they have a good relationship with theiremployer when they leave, it makes sense to leave assets where theyare."
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