401k Rollover Options- What to do with your 401k when you leave your job or retire

Опубликовано: 14 Июнь 2024
на канале: sirmoneymoves

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Wondering what to do with your 401k when you leave your job or retire? In this video, we explore all your 401k rollover options to help you make the best decision for your financial future.

Learn about the benefits and drawbacks of rolling over your 401k into an IRA, leaving it with your former employer, cashing out, or transferring it to your new employer’s plan. We’ll break down each option, providing clear insights and expert advice to ensure you make an informed choice. Don't miss out on these essential tips to secure your retirement savings!

#retirement #investing #personalfinance

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IRS Rollover Chart
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IRS Exceptions to the 10% additional tax
https://www.irs.gov/retirement-plans/...

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DISCLAIMER: I am not your financial adviser nor your attorney. These videos are for educational purposes only. None of my content is financial advice, tax advice, or legal advise. You must always speak to a licensed professional to evaluate your specific situation. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments. I get commissions for purchases made through links in my video description box. Thank you for watching!