The 401k has 4 options when it comes to handling assets after you leave your company for whatever reason.  We discuss how each option has its own advantages and disadvantages. There is not a silver bullet and each option needs to be evaluated when the time comes.

Option 1: Stay in the Plan
Option 2: Roll Over to an IRA
Option 3: Take a Lump-Sum Distribution
Option 4: Convert All or Some to a Roth IRA

We also talk about how some people are just natural savers and investors, like natural athletes in sports. Some people just seem to naturally be able to build wealth. In addition, there are some people that aren't natural athletes that need to work on their wealth.

If you have a 401k that has become your biggest investment bucket, maybe taking a look at your financial picture can help you become a better wealth builder.
 
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DISCLAIMER: The information provided in these episodes is only to be considered helpful hints and education. Nothing said or shown is to be misconstrued as specific tax, legal, or investment advice. Consult with your tax, legal, or investment professional before acting on anything you see in these videos.

​​Investment Advisory Services are offered through ProPath Financial, a registered investment adviser authorized to do business in states where registered or otherwise exempt from registration. Nothing discussed in this blog should be viewed as investment advice. If you have questions pertaining to your specific situation, please contact us at 435-238-0603.

✅Contact Thatcher at [email protected] with comments and questions!

Are you over age 50 and need retirement help?
Schedule a free consultation https://www.propathfinancial.com/get-started

Subscribe for all things retirement, investment, tax, & estate planning https://www.youtube.com/@functionalretirement

Join The Newsletter For All Wealth Building Tactics
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DISCLAIMER: The information provided in these episodes is only to be considered helpful hints and education. Nothing said or shown is to be misconstrued as specific tax, legal, or investment advice. Consult with your tax, legal, or investment professional before acting on anything you see in these videos.

​​Investment Advisory Services are offered through ProPath Financial, a registered investment adviser authorized to do business in states where registered or otherwise exempt from registration. Nothing discussed in this podcast should be viewed as investment advice.