'Orphaned' 401(k) accounts stacking up

May 10, 2013 by Paula Aven Gladych

If you let enough time go by, you give up gains or incur losses because you didn’t allocate your money properly,” Henderson said. “A lot of people use the default investment options, which is usually a money market fund, and they just never make changes to it. “

Henderson, for one, recommends consolidating those accounts because he believes people will look at their money more often if it is in one place. Click here to read…

Originally Posted at LifeHealthPro on May 9, 2013 by Paula Aven Gladych.