If you’re close to retirement, one crucial aspect to consider is what to do with your hard-earned 401k savings. This decision requires careful thought and planning, as it can significantly impact your financial well-being in the long run. James covers the key considerations to get the most out of your 401k plan:
➡️ Analyzing Costs ➡️ Assessing Control + Ease of Use ➡️ Examining Investment Options ➡️ Consolidations for Simplicity ➡️ Coordinating Withdrawal Strategies
In addition to those factors, there are several other important considerations: understanding tax implications, net unrealized appreciation, and penalty-free distributions.
Learn the tips & strategies to get the most out of life with your money.
