Should You Move Your Pension and 401(k) to an IRA Before Retirement?

Reported 10 months ago

As you approach retirement, consider whether to transfer your pension and 401(k) from your employer to a personal IRA. Each decision should be made based on the amount of income you need and your financial plan. Transferring a pension can allow for tax-deferred growth, while moving a 401(k) may provide lower fees and more investment options. Be sure to review your plan details and consult a financial advisor to ensure the best course of action.

Source: YAHOO

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