Thursday, April 29, 2010

Do you have old 401k plans with past employers?

Do you have old 401k plans with past employers?

Surprisingly enough, most people’s answer is usually yes! One would think that 401 plans would be immune to the procrastination that we all exhibit in our lives, however even sometimes substantial sums of money fall under the category "Out of Sight, Out of Mind". This is in strict contrast to a checking account, for example, as it is very rare to see someone leave thousands of dollars is an old account.

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