Younger workers favor lump-sum distributions

Over 16 million workers took a lump-sum distribution of retirement assets as of 2006, the most recent data available. The average amount of distibutions was $32,219; almost half were for less than $10,000. More than 55 percent of dist

By staff Writer | July 08, 2009 at 08:00 PM

Over 16 million workers took a lump-sum distribution of retirement assets as of 2006, the most recent data available.
The average amount of distibutions was $32,219; almost half were for less than $10,000.
More than 55 percent of distributions were for workers age 40 or younger.

Source: U.S. Census Bureau

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