This may be the biggest financial mistake millennials are making

May 26, 2017

Director of Retirement Consulting Services, Paula Hendrickson, and ERISA Consultant, Eileen Shaw, write for Marketwatch.com, a part of the Wall Street Journal’s digital network, about how millennials are ruining their future finances with 401(k) distributions.

While it may seem appealing to take a 401(k) distribution rather than rollover a 401(k) when millennials change jobs, millennials can lose significant amounts of money by missing out on the power of compound growth.

Read the full article here.

Insights

Week in Review: August 7, 2026

Recap & Commentary Markets ended the week with the S&P 500 at a new record high, propelled by a general […]

Learn more

Top Wealth Transfer Vehicles for Generational Planning 

For affluent families, preserving wealth across generations requires more than investment management alone. It often involves thoughtful coordination between estate […]

Learn more

Week in Review: July 31, 2026

Recap & Commentary Markets ended the week higher as nearly a third of S&P 500 companies reported earnings, the Fed […]

Learn more

Week in Review: July 24, 2026

Recap & Commentary Markets ended the week lower as corporate earnings, Middle East developments, and new tariff announcements all vied […]

Learn more

Week in Review: July 17, 2026

Recap & Commentary Markets ended the week lower dragged down by renewed selling in many of the AI oriented names […]

Learn more

Ready to learn more?
Let’s have a conversation.

Embark on a banking experience tailored to your distinct path, focused on achieving personal and business financial prosperity.