Retirement distribution decisions among DC participants

Author(s): Jean Young, Vanguard
Published: December 02. 2016

The overwhelming majority of retirement-age defined contribution (DC) plan participants leave their employer’s retirement plan within five years of separation from service, mostly for an individual retirement account (IRA) rollover account. When plans permit flexible distributions, retirement-age participants are more likely to remain in the employer plan. In this Vanguard research paper, Retirement distribution decisions among DC participants, author Jean Young explores the impact of retirement distribution decisions on target-date fund design and retirement income programs.

All white papers posted were created by the listed authors who are solely responsible for the research, finding and all materials contained therein. Pensions & Investments has not verified or edited the materials (other than for length and style) and does not necessarily agree or disagree with the analysis and positions expressed by the authors. Reference to any company, product or service does not imply recommendation or sponsorship by Pensions & Investments.

By downloading a white paper, you may be contacted by the white paper sponsor.

For more information on submitting a white paper, please contact Richard Scanlon at or 212-210-0157.