Rollover Contributions Increase
According to new research from Cerulli Associates, a Boston-based global analytics firm, retirement rollover contributions reached $321 billion as of year-end 2012.
“Financial services providers are focused on IRA rollovers to win and retain clients, and to increase assets under management or advisement,” said Kevin Chisholm, associate director at Cerulli. “Rollovers are not just an opportunity for IRA providers. They are a necessity to be successful.”