Most employees changing jobs would rather roll their 401(k) assets into another retirement investment rather than cash out of the plan, according to a recent survey released by American Century Investments of Kansas City, Mo.

The survey found that only four percent of employees changing jobs would cash out of their 401(k) plans, while 77 percent said they would keep the money in some kind of tax-advantaged retirement plan.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.