The average person has 12 jobs during the course of their career.[1] That’s a lot of jobs — and a lot of 401(k) accounts!
Around 25 million Americans have left money behind in an old 401(k) when leaving a job.[2] It’s possible that your current employees have missing 401(k) accounts. However, you can guide and help them with consolidating their accounts.
Help make your employees lives a little easier by sharing this useful infographic about seeking, finding and consolidating their accounts!
Adcock Financial Group
H. Brian Adcock
311 W. Fletcher Avenue
Tampa, FL 33612
813-935-4091
www.adcockfinancial.com
Securities offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment advisory services offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS. Adcock Financial Group is a member firm of PartnersFinancial. Kestra IS and Kestra AS are not affiliated with Adcock Financial Group or PartnersFinancial. Kestra IS and Kestra AS do not provide tax or legal advice.
This information was developed as a general guide to educate plan sponsors and is not intended as authoritative guidance or tax/legal advice. Each plan has unique requirements, and you should consult your attorney or tax advisor for guidance on your specific situation.
[1] Bureau of Labor Statistics. “Number of Jobs, Labor Market Experience, and Earnings Growth: Results from a National Longitudinal Survey.” Press Release. August 22, 2019.
[2] United States Government Accountability Office. “401(k) Plans: Greater Protections Needed for Forced Transfers and Inactive Accounts.” November 2014.