Client Material: Combining Retirement Accounts
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
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In 1924, MFS launched the US' first open-end mutual fund. More than 100 years later, we are a full-service global investment manager serving financial advisors, intermediaries, and institutional clients around the world. Our time-tested, active investing approach combines collective expertise, long-term discipline and thoughtful risk management to uncover what we believe are the best investment opportunities in the public markets.
