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This may be the biggest financial mistake millennials are making
May 25, 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.
