Filed Under:Markets, Employee Benefits

More workers are rolling over lump-sum distributions

The report shows that 45 percent of workers rolled their lump-sum distribution into another tax-qualified account.
The report shows that 45 percent of workers rolled their lump-sum distribution into another tax-qualified account.

The proportion of workers who received a lump sum distribution from an employer-sponsored retirement plan and rolled over the funds into another tax-qualified savings account edged up between 2006 and 2012, according to new research.

The Employee Benefits Research Institute (EBRI) reveals this finding in the latest edition of “Notes,” the organization’s monthly newsletter. The November 2013 issue of the publication focuses on the decisions workers make upon receiving a lump-sum payment from an employment-based retirement plan after making a job change.

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Nichole Morford

Nichole Morford
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