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When you change jobs, or retire, wondering what to do with your retirement assets may be a detail that slips your mind in the midst of all the hustle and bustle of such a transition. That being said, you’ll want to make a decision sooner rather than later over what to do with your retirement assets when you leave an employer to accept a new job or when you decide to retire.
In this week’s episode of The Money Guy Show, we let you know how to assess the options for your money when you are no longer employed by the company that provided your retirement plan and what you should consider before making your final decision.
As Brian says on the show, this is a ‘meaty’ episode that is chock full of helpful tips and advice on how best to determine what happens to those hard-earned retirement assets after transitioning away from your current employer.
Before you pull the trigger on your retirement assets, carefully assess all your options. Leaving your money, rolling it into another account, or cashing out all have implications that depend on a host of different variables and your specific situation. This week’s episode should help break things down and make it easier for you to make the smart money decision for you.
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