Sentences with phrase «when lump sum distributions»

Not exact matches

According to the Boston College study, in 2010, 45 percent of workers who took a lump sum distribution from their 401 (k) when switching jobs did not roll over the money to an IRA, simply cashing out the account and paying taxes on the distribution.

Distribution — The payout phase of an annuity comes when the accumulated value is distributed — either via a lump sum or a series of payments over time.

A type of individual retirement account that you fund with a lump - sum distribution from your IRA, employer's retirement plan such as a 401 (k), when you change jobs or when you retire.

Using U.S. Census Bureau data, EBRI analyzed how employees take lump sum distributions from their retirement plans when they change jobs.

The research indicates that when DC plans offer distribution options alongside a one - time lump - sum benefit payment, a good number of retiring plan participants are interested in, and take advantage, of these options.

Distribution — The payout phase of an annuity comes when the accumulated value is distributed — either via a lump sum or a series of payments over time.