What To Do With Your 401(k) When You Retire
One of the biggest decisions new retirees must make is what to do with the money in their company-sponsored 401(k) plan. You can generally maintain your 401(k) with your former employer or roll it over into an
individual retirement account. IRAs maintain the same
tax benefits of a 401(k) and typically offer more investment options, but there are instances when it makes sense to keep your money in the 401(k) plan.
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