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Avoid Cashing Out Retirement: Smarter Moves for Job Changes

Avoid Cashing Out Retirement: Smarter Moves for Job Changes

Durham News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 21, 20261m 31s

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Show Notes

Cashing out retirement accounts can derail your financial future, warns AARP. Heres why: early withdrawal penalties, lost growth potential, and a lasting gap in savings. Instead, consider leaving your money in the old plan, rolling it into an IRA, or transferring it to a new employers 401(k) to secure your retirement.

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