Whether or not you should Roll your 401k or retirement account into an IRA is often a question that retirees ask.
It is a good question to ask and you want to be sure that you make the right decision. If you choose to roll you must do it correctly to avoid any unnecessary tax burden. When looking at this issue the main questions to ask are…
• Do I have many more years to work and if so does my employer match my contributions
• Does it concern you that the options that you have inside of a 401k are limited
• Would you like to have the freedom to Invest ANYWHERE which could greatly reduce risk
• Does the Idea of having more control of your assets appeal to you?
These are just a few of the questions that should be asked in determining whether or not Rolling to an IRA is the right fit for you. It is always a good idea to have those questions answered by an independent professional you can trust!
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