The average American worker changes jobs multiple times1, and while a new job often means better pay and benefits, it can also result in a forgotten retirement account. In some cases, depending on your retirement investor’s situation, it might make sense to leave retirement savings in a prior employer’s plan, but consolidating retirement accounts in a new employer’s plan or individual retirement account may lead to better outcomes.
Most of your clients likely have multiple workplace retirement accounts. Share this flyer with them on combining retirement accounts to help illustrate the benefits they might want to consider.
1 Source: Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Median tenure with current employer was 4.1 years in January 2020
MFS FUND DISTRIBUTORS, INC.
MFS Investment Management is a global asset management firm offering a range of investment products, including mutual funds, retirement solutions, and institutional services. Founded in 1924, MFS focuses on active, research-driven investment strategies to help clients grow and protect capital over the long term. The firm emphasizes collaboration, disciplined risk management, and responsible investing to deliver value for investors worldwide.