PensionBee Identifies Employer Communication as the Missing Link in Escalating Safe Harbor IRA Crisis
Globenewswire·2025-11-18 14:00
New survey findings reveal how a lack of guidance contributes to abandoned rollovers and billions in stranded assetsNEW YORK, Nov. 18, 2025 (GLOBE NEWSWIRE) -- Each year, up to 2 million old 401(k) accounts are automatically forced out of employer plans and placed into low-yield Safe Harbor IRAs, often without their owners’ knowledge. New sentiment data by PensionBee reveals that nearly two-thirds of Americans (63%) with left-behind 401(k)s are unaware that this practice exists or that it can derail retirem ...