The GAO releases a report on forced transfers and inactive accounts, examining what works and what doesn't. In this report, the GAO cites the "clearinghouse" example as one of the ways that workplace retirement savings can follow job-changing participants (link to specific page of report).
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Individuals should consult their tax advisers or legal counsel for advice and information concerning their particular situation. Retirement Clearinghouse does not give legal, investment, or tax advice. IRA account fees and product information provided by Retirement Clearinghouse, LLC is subject to change without notice at the discretion of the IRA Provider. RCH Shareholder Services is a wholly owned subsidiary of Retirement Clearinghouse, LLC and a registered transfer agent with the U.S. Securities and Exchange Commission.
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