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

Reported 2 days 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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