The Benefits of a 401(k) Rollover
There are a number of benefits that come along with takingadvantage of the 401(k) offered to you by the company you work for. After youleave the job, however, you might not be sure what to do with the funds fromthe 401(k) until they can be accessed. Luckily, there a handful of optionsavailable to you. One popular choice is a 401K rollover. This is a processwhere you take the funds and convert the 401(k) into an IRA. Look over thesebenefits to see if it is a good choice for you. Getting Started First, you might want to know why this is a beneficial move.While keeping your money in its existing 401(k) does keep it better protectedfrom creditors, there are several key advantages that come from putting thefunds into an IRA. For one, you’ll have a more diverse selection of investmentsavailable to you. Beyond this, an IRA also offers reduced fees and cheaperinvestments than is typically available with a 401(k). It is important for youto weigh out the pros and cons before you commit to the de...