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Managing your retirement plan under a new employer


Mitch Howell
Your employer-sponsored retirement plan is a valuable asset. But sometimes things happen that can affect the status of your plan. So, for example, if you work for a hospital that changes ownership, and you have been participating in a 403(b), 457(b) or 401(k) retirement plan, what should you do with it now?
Basically, you have four options:
Cash out your plan. You can simply cash out your plan and take the money, but you’ll have to pay taxes on it, and possibly penalties as well. So, unless you really need the funds and you have no other alternative, you may want to avoid liquidating your account. ....

Mitch Howell , Financial Focus , மிட்ச் ஹோவெல் , நிதி கவனம் ,

Consider these year-end financial moves

Consider these year-end financial moves
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