What Are My Options for an Old Employer 401k?
Автор: The Millennials Mindset
Загружено: 2025-12-15
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Описание:
Are you staring down an old 401k from a previous job, unsure of what to do with it? Don't let valuable retirement savings sit stagnant or make costly mistakes. This video breaks down all your potential paths.
In this guide, you'll discover:
► The often-overlooked option of simply leaving your 401k with your old employer, and when it makes sense.
► How to smoothly roll over your funds into a new employer's 401k, keeping your retirement plan cohesive.
► The benefits and considerations of moving your funds into an Individual Retirement Account (IRA).
► Understanding when a direct cash-out might be an option, and the significant tax implications involved.
► Key factors to weigh when deciding which option is best suited for your personal financial goals.
#Old401k, #RetirementPlanning, #FinancialFreedom, #MillennialsMindset
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