Most workers spend part of lump-sum distributions. (Executive's Briefcase).(Brief Article)

Workers are increasingly likely to preserve their lump-sum distributions from retirement plans When they change jobs and are less likely to spend the money on the consumption of goods and services (such as boats or vacations), according to a recent survey by the Employee Benefit Research Institute (EBRI).

However, EBRI also found that approximately two-thirds of those who received a lump-sum distribution through 1998 cashed out at least some of their …