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Rollover 401k to IRA Benefits - Some Good Reasons to Make the Switch As retirement planning becomes ever more important in people's lives, many individuals are faced with the decision of what to do with their 401k when they leave their current employer. One option that has gained popularity in recent years is to roll over their 401k into an Individual retirement account (IRA). While this decision may not be suitable for everyone, there are several benefits to consider when contemplating a rollover. 1. Increased Investment Flexibility: One of the key advantages of rolling over a 401k into an IRA is the expanded range of investment options. A typical 401k plan limits participants to a pre-selected menu of mutual funds or other investment choices. Conversely, an IRA provides access to a b...
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)