Retirement Account or Bank Account? Employees Cash Out 401(k)s in Record Numbers

14-February-2018 - workforce.com

The Bureau of Labor Statistics reports that today’s mobile workforce is changing jobs nearly a dozen times. For 35- to 44-year-olds, a little over a third take jobs that last less than a year. It doesn’t allow for a lot of time to sock away money in a 401(k) account and as a result, many workers are cashing out what... The post Retirement Account or Bank Account? Employees Cash Out 401(k)s in Record Numbers appeared first on Workforce Magazine .