More participants in retirement plans are rolling over their lump-sum...

More participants in retirement plans are rolling over their lump-sum distributions into another retirement savings account when they leave a job, according to an Employee Benefit Research Institute study. Of those who got their most recent lump-sum distributions in the 10 years ended Dec. 31, 2003, 43.4% placed all of the money in a tax-qualified savings plan such as an IRA, compared with 19.3% for the previous decade, confirmed John MacDonald, EBRI spokesman. About 29% of lump-sum distributions were betweem $2,500 and $10,000, and 26.2% received less than $2,500.