sachs is right it s going to happen. you were very kind to stick around and answer questions. kelly quiets what is the best way to use your 401k when you have retired? when you have retired you have three option with your 401k. you can cash out, you can keep it in the 401k, or you can roll it over into an irs. cashing out is the worst of the options because not only do you have to pay the taxes but you looks the tax-free growth. staying in your 401k is okay but even better is rolling over this assets into an ira where you have more freedom of investment choices such as individual songs and bonds and you can choose from a broader menu of fee structures as well. at 59-1/2 you can do whatever you want. it s prior to that you risk
loans forgiven if they went to work at a v.a. hospital for a period of time. that s a good idea. they have huge personnel issues there. and they re sending it to the private sector, supposedly real complicated. there s a lot of fee structures. can it be made easier? right. easy to complain politically. fixing it is always the challenge. certainly, the men and women deserve it. nobody disagrees with that. let s take a break here on new day. when we come back, the controversy surrounding the release of sergeant bowe bergdahl. does the release of five taliban members set a bad presa dent. and explosives in a home we ll talk about this bizarre story. with centurylink as your trusted it partner,
i studied the right thing in school. you know, these fast food workers, maybe they should have studied harder. there s a lack of acknowledgement. it s a judgment about what hard work is deserving and what hard work is undeserving. there s the aspect of the compensation structure in wall street i think is important for people to understand is it s a rigged game in many ways insofar as there are ways for wall street managers to make money whether the deals they re doing are doing well or poorly. private equity has all kinds of ways of building in fee structures so you re taking money out of your pockets. even if the deal you created goes bankrupt. that s right. you get a little bit of commission whether or not your client makes money, and i actually had somebody tell me on wall street that it didn t matter if you performed as an employee or not, all that mattered is if you had a managing director who had your back. so it s just all about, you know, kissing the right behind and making
school. you know, these fast food workers, maybe they should have studied harder. there s a lack of acknowledgement. it s a judgment about what hard work is deserving and what hard work is undeserving. there s the aspect of the compensation structure in wall street i think is important for people to understand is it s a rigged game in many ways insofar as there are ways for wall street managers to make money whether the deals they re doing are doing well or poorly. private equity has all kinds of ways of building in fee structures so you re taking money out of your pockets. even if the deal you created goes bankrupt. that s right. you get a little bit of commission whether or not your client makes money, and i actually had somebody tell me on wall street that it didn t matter if you performed as an employee or not, all that mattered is if you had a managing director who had your back. so it s just all about, you know, kissing the right behind and making sure that, you know, you rip
strong sense that we deserve this, we earn this, we work harder than everybody else. i studied the right thing in school. you know, these fast food workers, maybe they should have studied harder. there s a lack of acknowledgement. it s a judgment about what hard work is deserving and what hard work is undeserving. there s the aspect of the compensation structure in wall street i think is important for people to understand is it s a rigged game in many ways insofar as there are ways for wall street managers to make money whether the deals they re doing are doing well or poorly. private equity has all kinds of ways of building in fee structures so you re taking money out of your pockets. even if the deal you created goes bankrupt. that s right. you get a little bit of commission whether or not your client makes money, and i actually had somebody tell me on wall street that it didn t matter if you performed as an employee or not, all that mattered is if you had a managing director who