Keyword：
“Brain Drain”
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Finance · 08/04/2025
Hidden Fees in Forgotten 401k Accounts Drain Retirement Savings
As of 2023, around 29 million 401(k) retirement accounts in the U.S. are abandoned, leading to $1.65 trillion in dormant funds, with hidden fees posing significant losses. Workers must understand how to manage their retirement accounts amid career changes to avoid unnecessary losses and impact long-term wealth growth.