The Importance of Considering 401k Rollovers
Navigating the world of retirement savings can be a daunting task. One aspect that often requires careful consideration is the rollover of a 401k plan. This process involves moving the funds from one retirement account to another, usually when changing jobs. But why should you look into this option? Here are some key reasons.
Continuity of Investment Growth
A 401k rollover ensures your retirement savings continue to grow tax-deferred. When you change jobs, it's easy to forget about your old 401k, but leaving it behind could mean missing out on potential growth opportunities.