Episode 219: 401(k) Pros and Cons: Should You Keep It or Roll to an IRA?
The Retirement Matters Show with Dale Smothers · Dale Smothers
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Show Notes
On this episode of the Retirement Matters podcast, we dive into the pros and cons of the 401(k), and discuss why—if you're approaching age 60—it may be worth exploring whether moving from a 401(k) to an IRA could be a better fit for your retirement strategy.
Many individuals still have money sitting in old 401(k)s from previous employers or remain in a 401(k) plan even after retirement. In some cases, this might not be the most efficient use of those funds—but it really depends on your individual situation.
Whether you're wondering if an IRA might offer more flexibility, or if sticking with your 401(k) still makes sense, the key is making an informed decision based on your goals.
If you'd like guidance on whether a 401(k) or IRA better aligns with your retirement plan, give our team a call at 270-600-PLAN or visit rdswealth.com. We're here to help you evaluate your options with confidence.
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