1. EachPod

What to Do With Your Old 401(K)

Author
Lucas Casarez CFP®
Published
Tue 26 May 2020
Episode Link
https://www.levelupfinancialplanning.com/what-to-do-with-your-old-401k/

In this episode, I cover What To Do With Old 401(k).

In addition to your normal options, you'll also find some new rules and strategies as a result of COVID-19. Most are for 2020 only though so be sure to listen to the end.

  • First, you need to find your old 401(k). 
  • Then evaluate it: expense ratio, site usability, 
  • Keep it where it’s at?
  • Roll it into an IRA (more control)?
  • Roll into new 401(k)?
  • Cash Out? Taxes, Penalties
  • Special COVID Rules for 2020

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