Reported about 1 year ago
Managing your 401(k) in retirement is crucial, as you'll need this money for a significant period. When you retire, you have various options like keeping your 401(k), rolling it into an IRA, or converting it into an annuity. Factors to consider include required minimum distributions, taxes, asset allocation for security and growth, and seeking advice from a financial advisor for personalized retirement planning. It's essential to carefully manage your money in retirement, just as important as saving for retirement in the first place.
Source: YAHOO