New LIMRA Secure Retirement Institute research indicates that many clients have retirement assets in orphan accounts. A recent survey of working Americans age 45-75 with more than $100,000 in household assets found that the majority had balances left in former employers’ DC plans, creating “orphan” accounts. What’s more, two thirds of those ages 55-75 with these accounts had DC plan balances of $100,000 or more.
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