The great majority of retirement-age participants in employer-sponsored defined contribution plans leave those plans within five years of separation from their jobs, generally moving into an IRA rollover.

That's according to research from Vanguard, which found that after three years, only about 30 percent remain in their former employers' plans.

After five years, that drops to less than 20 percent.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.