A simple, forehead-slapping mistake on your IRA could be costing you thousands

By Yahoo! Finance | Oct 2, 2024 at 05:23 AM EST

Research by Vanguard reveals that many Americans are losing billions in retirement savings due to neglecting to reinvest their IRA funds. Leaving rollover IRAs in cash can cost investors hundreds of thousands in lost wealth. Financial advisers stress the importance of moving funds into stocks and bonds to maximize investment earnings.

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