It’s easy to leave money behind when you leave a workplace. In fact, lots of people do.
Between 2005 and 2015, 25 million Americans left retirement plan savings in their former employers’ defined contribution plan, and millions of people left two or more retirement accounts behind, according to the United States General Accounting Office.1
There are many reasons people leave their retirement savings behind. Some reasons may include:
In some cases, workers may not even realize they’ve left money behind.
Download our whitepaper below to learn more!
1 U.S. Government Accountability Office, ‘The Nation’s Retirement System: A Comprehensive Re-evaluation Is Needed to BetterPromote Retirement Security,’ A Report To Congress, Page 46, October 2017, accessed August 8, 2018. [https://www.gao.gov/assets/690/687797.pdf]