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What to do with your old 401(k)
You decided to take that new job; now you need to decide what to do with your 401(k). There are different options available which include; keeping your account with your former employer or rolling it over into a new tax-deferred plan. What to do? First, there are the pros of lower fees and legal protections. Then there are the cons of having multiple accounts to manage, contributions end, and possibly higher fees. Patrick Villanova’s article published on Yahoo! Finance, breaks down the reasons for rolling over or not rolling over your 401(k). Read Mr. Villanova’s article here…
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