Rolling Your 401(k) To An IRA? This Mistake Could Cost You 6-figures

One of the most common 401(k) rollover mistakes:

Leaving the money in cash and forgetting to reinvest it.

After you complete a rollover to an IRA, the funds often land in a money market or settlement account.

Unless you take the next step and reinvest, your retirement savings aren’t working for you (and inflation is quietly eroding its real value.)

To avoid this mistake, and assuming you are not planning to withdraw your balance after it lands in an IRA, make sure you reinvest by purchasing new investments in your IRA or work with an advisor or robo-advisor that will do this for you.

*This content is educational and not tax, legal, or investment advice. Investing risks include loss of principal and fluctuating value. Past performance is no guarantee of future results.*

Видео Rolling Your 401(k) To An IRA? This Mistake Could Cost You 6-figures канала Spark Wealth Advisors