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This common money move costs retirement savers $45.5 billion in investment fees, earnings over 25 years

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cnbc.com

IRA rollovers — transfers from 401(k) plans to individual retirement accounts — are a common financial move when workers switch jobs or retire.

But rollover IRAs can cost Americans billions of dollars in extra fees over decades, according to a study issued Thursday by The Pew Charitable Trusts, a nonprofit research organization.

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