Personal Finance
Sunday, 6/28, 02:43 PM
IRAs Now Hold More Than 401(k)s — but Rolled-Over Cash Often Sits Idle
- Individual retirement accounts have quietly become the biggest pool of US retirement money — bigger than 401(k)s — mostly because workers roll old 401(k)s into them when they change jobs.
- The catch: that rolled-over money often lands in cash and just sits there, uninvested, for years.