The Journey: Weigh pros and cons before rolling your 401(k) into IRA
What You May Have Missed
By Janet Kidd Stewart
Chicago Tribune (MCT)
Published: Monday, June 9 2014 12:00 a.m. MDT
Question: What do you think of ETFs? Also, what is your opinion of moving significant funds — one-third to one-half of one’s 401(k) — from an institutional account to a retail account in an IRA as a trustee-to-trustee transfer six months before one is about to retire?
“In the vast majority of cases, people are better off rolling a 401(k) into an IRA.”
Mike Alfred, co-founder of BrightScope
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