Fidelity Warns: Don't Leave Your 401k Behind
Raleigh News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Fidelity warns about forgotten 401(k)s: Millions of accounts, totaling $2.1 trillion, are abandoned, potentially costing workers hundreds of thousands in retirement savings due to fees and missed growth. Fidelity suggests four options: keep it in the old plan, roll to an IRA, shift to new employers plan, or cash out. Always do a direct rollover to avoid taxes. Track your lost accounts and compare fees to maximize retirement savings.
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