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Stay Wealthy Retirement Show

Nov 20, 2018

Did you know? The average cost per year for a 401(k) participant is 2.2% of their account balance, according to SmartAsset.  

This number is rapidly declining, but even if you cut it in half, it would still be concerning. 

When you leave a company, you have three options for dealing with your 401(k):

  1. Leave it at your previous employer
  2. Transfer it to your new employer
  3. Roll it over to an IRA at a trusted custodian

And, given how much you might be paying in fees, I don't recommend neglecting this part of your financial plan.

In today's podcast episode, we talk about each of these options and help you decide which is best. 


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DISCLAIMER: This podcast is for informational and entertainment purposes only and should not be relied upon as a basis for investment decisions. This podcast is not engaged in rendering legal, financial, or other professional services.