Thursday, April 22, 2010

Tug-of-War Over 401(k) Accounts

"Attention, workers," writes Eleanor Laise in the WSJ (subscription): "A battle is brewing over your 401(k)."

As Boomers retire, big 401(k) plans may start shrinking. Can 401(k)s stay big by enticing new retirees to leave their nest eggs in their company plan? If so, new rollover IRA business could be harder to come by.

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