Reining in the High Costs of Lingering Retirement Accounts

February 1, 2015

This article was featured in Benefits Magazine. The scenario is becoming increasingly common. An employer combs through the company retirement plan and makes an unsettling discovery. The company is saddled with many lingering small account balances that are growing in number each year. The automatic rollover option becomes indispensable as the number of missing participants grows to an unmanageable quantity.