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4 Reasons to Roll Over Your 401(k) Into an IRA


There are a lot of reasons to love 401(k)s: They have higher contribution limits, the money comes right out of your paycheck every month so you don't have to remember to transfer it, and your employer might match some of your contributions. But 401(k)s also have their drawbacks. Here are four reasons you may want to consider rolling over your 401(k) into an IRA.

Most 401(k)s contain a few investment options selected by your employer. You might be happy with these options, but if you're not, there isn't much you can do about it. You can request that your employer add more investments, but it does not have to comply. Or you could roll over your 401(k) savings into an IRA.

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Source Fool.com


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