Not fade away: Rolling over a 401(k) plan
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Description
Abstract: Rolling over a previously established 401(k) can simplify and consolidate the management of retirement accounts, and a number of different paths are available. It may be advantageous to roll the funds into a new 401(k) or an IRA, either directly or indirectly. Or, if one is facing a medical or financial emergency, it’s possible to cash out a 401(k) instead of rolling it over — but doing so is risky. This article explains the pros and cons of the various options.
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