1 in 3 Americans Withdraws 401(k) Funds After Leaving Their Job—What Is Behind This Growing Trend?

Retirement savers are generally putting more into their 401(k) accounts these days, but much of the money Americans are saving for their future doesn’t end up lasting them until then. That's because a large portion of employees choose to withdraw their 401(k) balance in a lump sum when they leave a job...