If you have money in a 401(k) from a past employer, you’re probably wondering what you should do with it. You have four choices: Keep it in your previous employer’s plan, roll it over to your current employer’s plan, roll it over into an IRA, or cash it out.
While your final decision should be based on your own unique circumstances, there are three key considerations to keep in mind when determining which choice is right for you:
• Fees
• Access to your money
• Investment choices
We’ll break down each key consideration so you can determine which choice is best for you.
Check out this article for more information about rollovers:
Subscribe:
We post educational videos that bring investing and finance topics back down to earth weekly. Have a question or topic suggestion? Let us know.
Connect with TD Ameritrade:
Facebook:
Twitter: Sign Up with TD Ameritrade:
source
