Comment on What to do with your 401(k) money when you retire

What to do with your 401(k) money when you retire

Billions of dollars are at stake as boomers decide what to do with the $5.3 trillion they've invested in company-sponsored 401(k) plans when they retire. Leave the money where it is? Roll it over to an Individual Retirement Account (IRA) at a financial firm? For many, it's a head-scratcher.Merrill Lynch financial advisor Marie Vanerian, who is based in Troy, says there are a couple, key things you should do before deciding what to do with a 401(k).

 

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