401k or IRA – Where Should You Keep Your Retirement Money?
Manage episode 373042071 series 3428540
Maybe you’ve been saving most of your working life in a 401k. Great! But what happens when you retire? Should you leave that money in the 401k, or transfer it to an IRA? The answer, as it turns out, is “it depends.” Today’s episode starts off with an email asking why someone may want to do one or the other – or both.
Further along, we answer more of your email questions: taxes, 401k matching funds, Social Security benefits, and how pension payments may affect your ability to collect a full retirement benefit.
Email questions answered today with podcast host Johnny Dean and Rick “The Professor” Plum, CFP® on this week’s episode of Managing Your Financial Future!
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