Retirement plan portability is characterized by one's ability to move retirement plan investments from one investment to another investment while working for the company.

Question

Quizplus · Accepted Answer

Retirement plan portability refers to the ability to transfer retirement savings from one employer's plan to another or to an individual retirement account (IRA) when changing jobs, not while still working for the same company.

Retirement Plan Portability Is Characterized by One's Ability to Move