Navigating retirement planning can feel overwhelming, yet grasping the advantages of a 401k rollover can truly impact your financial future.
Consolidate Your Retirement Accounts
One of the primary advantages of rolling over a 401k is the ability to consolidate multiple retirement accounts. If you have changed jobs several times, chances are you have multiple 401k accounts. Combining these into one individual retirement account (IRA) simplifies management and allows for easier tracking of your retirement funds.
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