Nearly half of employees who change jobs cash out their 401(k) plans, a new report from Hewitt Associates finds.

In a survey of 160,000 employees with 401(k) plans, 42% admitted that when they were done working somewhere, they took the cash from their retirement plan with them. Exactly 50% of workers between the ages of 20 and 29 cashed their 401(k)s out, while only a third of the employees between 50 and 59 did the same. Workers over 60 years of age cashed out 39% of the time.

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