Welcome to a new week and a new theme here on the One Minute Retirement Tip! This week, I’m talking about rolling over your 401k when you change jobs or retire. While you definitely want to keep things consolidated so you don’t have 10 different 401ks floating around from 10 previous employers, it’s also important to understand the pros and cons of rolling over your old 401k.

So this week, I’m sharing with you 5 essential questions you’ll want to ask before you take money out of your old 401k and move it elsewhere. 

We’ll cover the questions you should ask about the fees, investment options, special nuances about 401ks compared to IRAs that very few people know about, consolidation of old accounts, and your intentions about working for this employer in the future - and how all of these considerations will influence what you do with your old 401k. 

That’s it for today. Thanks for listening! Tomorrow, we’re going to dive in by covering a very important but often overlooked question - how will the fees change when you rollover your 401k.

Before you go, please take a minute to leave a review for the One Minute Retirement Tip in Amazon or iTunes. If you find these tips valuable, or if you have feedback for me or topic suggestions, it’s a great way to share the love and share your ideas with me! And thanks to you if you who have already left a review. 

My name is Ashley Micciche...and this is the One Minute Retirement Tip. 

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