You have your 401K account with your current employer. You have been contributing to it and your employer has been matching your contribution. Now over a few years your 401K has a considerable amount. You start thinking about leaving your current job and want to have a clear plan for your money in your 401KContinue reading “Moving your 401K balance to ROLLOVER IRA account when you leave a job.”
Tag Archives: Compounding
Reason for not participating in 401K plan
I never participated in 401K account for the first 10 years of my career. My reason was I would lose money since I might buy at a market high and sell at market low. This is a common fear in most of us. Not fully understanding a 401K plan and its purpose was the reasonContinue reading “Reason for not participating in 401K plan”
