401 k

By Terry Savage on June 16, 2023 | Financial Planning / Retirement

Hi Terry, our 401k money market is paying less than 2%. We are retired and want to protect our money, but would like a higher interest rate. Do you know of any 401k money market that pays higher We could roll over to? Thank You so much

Terry Says

You’ll have to ROLL OVER the entire account (assuming you’re no longer working there) into an IRA — Then you’ll have a wider choice of investment alternatives. Read this: https://www.terrysavage.com/rollover-now/

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