What To Do With Your Old 401(k) скачать в хорошем качестве

What To Do With Your Old 401(k)

401(k)s are one of the best tools for building wealth, often helping Americans achieve millionaire status. When leaving a job, it’s crucial to handle your 401(k) correctly—cashing it out can result in significant penalties and taxes, and it’s a mistake nearly 41% of employees make. Instead, consider leaving it with your old employer if the balance is over $7,000, rolling it into an IRA for greater flexibility, or transferring it to a new 401(k) if it aligns with your goals. No matter your choice, ensure the funds are invested promptly, and always maximize your new employer’s 401(k) match to take full advantage of free money. Jump start your journey with our FREE financial resources: https://moneyguy.com/resources/ Reach your goals faster with our products: https://learn.moneyguy.com/ Subscribe on YouTube for early access and go beyond the podcast: https://www.youtube.com/c/MoneyGuySho... Connect with us on social media for more content: https://moneyguy.com/link-in-bio/ Take the relationship to the next level and become a client: https://moneyguy.com/work-with-us/ Bring confidence to your wealth building with simplified strategies from The Money Guy. Learn how to apply financial tactics that go beyond common sense and help you reach your money goals faster. Make your assets do the heavy lifting so you can quit worrying and start living a more fulfilled life.