With record unemployment rates, many employees are confronting the decision of how to handle the funds in their 401(k) plan when they leave their present employment.
For most employees, the choice is clear: they should take control of their retirement planning and roll it over. Here’s why:
When it comes to creditors, 401(k)s provide better protection. The protection afforded by IRAs varies by state.
Dan Solin is a Senior Vice-President of Index Funds Advisors. He is the author of the New York Times best sellers The Smartest Investment Book You’ll Ever Read, The Smartest 401(k) Book You’ll Ever Read, and The Smartest Retirement Book You’ll Ever Read. . His latest book is Timeless Investment Advice.
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