Some Questions To Think About
You are changing jobs and about to make a 401k rollover to IRA, of the traditional type. Before you make a 401k rollover to an IRA, let me ask you some questions and maybe give you a few things to think about.
Have you been happy with your returns over the last few years? Most 401ks are dependent on mutual funds and the volatile stock market. So, many people have not been happy to see their quarterly statements, lately.
They Could Have Been Smiling
If they had taken a 401k rollover to IRA, of the self-directed or self-managed type, they could have been smiling. You see, self-directing offers more investment options than the typical stocks, bonds and bank CDs. I am sure that somewhere along the line, someone told you to diversify, but they might have only meant to invest in a variety of different stock options, while keeping a little money in the safety … Read the rest