Optimal Business Daily - Archive 1 - Episodes 1-300 Only
1375: Why I Did A 401k Rollover After Leaving My Job (and How I Did It) by Andy Hill of Marriage Kids and Money01k Rollover After Leaving My Job (and How I Did It) by Andy Hill of Marriage Kids and Money
- Autor: Vários
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- Editor: Podcast
- Duración: 0:09:11
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Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 1375: After leaving his job, Andy Hill opted to roll over his 401k accounts into IRAs, a decision he doesn't regret. He highlights the benefits of lower fees, simplified account management, and better financial preparation for his family. By following a straightforward rollover process, he ensured no penalties or taxes, ultimately securing a more organized and cost-effective retirement plan. Read along with the original article(s) here: https://marriagekidsandmoney.com/why-you-should-rollover-your-401k-into-an-ira-and-how-to-do-it Quotes to ponder: “By cashing out, I would’ve had an approximate 40% cut to my money immediately. OUCH!” “Having all of our investment accounts in one spot was definitely a stress reliever for me.” “Those two words were very important to the process. This indicated that I DID NOT want to receive the money (big no-no!) and I wan