“Wall Street has done a remarkably thorough job of brainwashing investors into rolling their old 401(k) accounts into individual retirement accounts,” argues the author of today’s article which looks at why rollovers may be good business for financial services firms but a lousy choice for retirement investors. What does the author believe you should really be thinking when financial firms tout certain advantages of rollovers? In what circumstances does she believe a rollover is the right choice? What are the numerous disadvantages with IRA rollovers she identifies that you may not hear about from a financial services firm? And why does she foresee financial services firms making “a full-court press for your money in coming months”? CLICK HERE to find out.
Sober Second Thoughts On 401(k) Rollovers
Tags:401(k) AccountFinancial FirmsFinancial Services FirmIndividual Retirement IncomeinvestorsIRARetireesretirementStock MarketstocksWall Street