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re: 401K Termination/Conversion
Posted on 2/7/22 at 8:35 pm to Saskwatch
Posted on 2/7/22 at 8:35 pm to Saskwatch
401(k)s are more restrictive in security selection and the ability to withdraw.
IRAs have way more investment choices, several more ways to access the money should particular hardships occur.
Expenses can vary between each. If you are DIYer then IRAs can be very cheap. An advisor is going to cost more but still likely less than the average 401(k) plan. Just be aware of your own limitations if your deciding which IRA route to take.
IRAs have way more investment choices, several more ways to access the money should particular hardships occur.
Expenses can vary between each. If you are DIYer then IRAs can be very cheap. An advisor is going to cost more but still likely less than the average 401(k) plan. Just be aware of your own limitations if your deciding which IRA route to take.
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