Ask Terry Questions 401K rollover

401K rollover

By Terry Savage on August 12, 2024 | Financial Planning / Retirement

I’m 67. Just retired. I have a 401K from my former employer with 37,000 in it. How do I go about rolling it over. I’d like to take a monthly draw. Is it a bad idea to just leave it with my former employee

Terry Says

You should probably do a direct rollover, where you’ll have more conservative investment choices.
Read this article for instructions.
https://www.terrysavage.com/rollover-now/,

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