401k Rollover Answers

Gen X and Gen Y workers, as a group, don’t believe that retirement is an option for them. In a recent survey, 30% of workers aged 35-45 said they “strongly disagreed” that their retirement would be like their parents and grandparents. Of workers aged 25-35, over 50% of them don’t expect to have the typical [...]

I just finished a great retirement planning book called The Number, by Lee Eisenberg. It came out in 2006, but it holds up well. In light of the financial crisis we’re experiencing now, it seems downright prescient. In it, the author spends a lot of time musing about how much you should put into retirement [...]

When you find yourself in the position of leaving a job for a new challenge you can’t forget to plan for your 401k rollover. It is true that you have more options than simply rolling the money into a new account. You could cash it out, but that option means that you take the huge [...]

With your retirement plan or pension account, there are a number of different options that are readily available once you leave your employment.  Depending on the nature of your existing program, you may want to consider a 401k rollover to Roth IRA.  401k transfer can be a stressful process, and require a number of time-sensitive [...]