Miracle Mile Advisors wants their clients to understand what’s involved with moving funds before choosing to roll over a 401(k) plan. For those that have a 401(k) plan with their employer, there may come a time when there will be an option of rolling it over.
“401(k) plans generally have limited options that are selected by the company, so by rolling over your 401(k) to an IRA you gain an infinitely larger number of choices as to how to invest these proceeds,” says Duncan Rolph, managing partner of Miracle Mile Advisors.
Read the full article: What Is a 401(k) Rollover? (US News & World Report)
