UBC News

IRA Consolidation and the 401k Rollover: What Near-Retirees Often Get Wrong

Episode Summary

Old 401(k) accounts left behind after job changes may cost near-retirees more than expected. Tax rules, fees, and an age threshold can all affect whether consolidating into an I R A is the right move. To learn more, visit https://www.meliagroup.com/ira-management

Episode Notes

[thoughtful] So here's something that surprised me: a rollover can take anywhere from two to four weeks to complete, and yet a lot of people just leave old 401(k) accounts sitting untouched for years. Today we're digging into 401(k) rollovers and when IRA consolidation actually makes sense, especially for folks getting close to retirement. Joining me is a retirement planning expert who works with near-retirees on exactly this kind of decision. Thanks for being here. Melia Advisory Group City: Tulsa Address: 5424 S Memorial Dr Website: https://www.meliagroup.com/