Increased employee mobility will reinforce the continued trend toward defined contribution plans,which have greater portability across employers.

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Defined contribution plans, such as 401(k) plans, allow employees to take their retirement savings with them when they leave a job, making them more attractive to employees who value mobility and flexibility in their careers. As employee mobility increases, it is likely that more employers will adopt defined contribution plans to accommodate this trend.

Increased Employee Mobility Will Reinforce the Continued Trend Toward Defined