Shocker! (Not): 401k Participants Want Help With Rollovers
Eight in 10 DC plan participants talk to an advisor
By John Sullivan -401k News
This shouldnâ€™t be news for 401k advisors, but it isâ€”401k participants want help with rollovers.
In fact, eight in 10 defined contribution (DC) plan participants who roll their assets into an individual retirement account (IRA) speak to someone before performing the transaction, according to a new LIMRA Secure Retirement Institute study.