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Data & Research
How to Prevent Retirement Plan Leakage
Educating participants about the importance of remaining committed to retirement savings and of the value of consolidating accounts is a good place to start, experts say.
In 2013, Workers Removed $69 Billion from Retirement Savings
Withdrawals from IRAs accounted for most of the leakage, according to the GAO.
Americans Remained Committed to Their 401(k)s in 2017
Only 2.7% discontinued contributions, according to the ICI.