Navigating Your 401(k) After Retirement: The Three Main Options

"What do I do with my 401(k)?" You've worked hard and saved diligently into your 401(k), but now that retirement is here, what comes next for that nest egg? Don't make a costly mistake by defaulting to a choice that could trigger a huge tax bill! In this episode, we break down the three most common options for your 401(k) when you leave an employer—from leaving it in place to a tax-free rollover—and reveal the two "magic ages" that determine when you can access your money penalty-free and when the government requires you to start taking distributions. Find out which option gives you the most control and the widest range of investment choices for a thriving retirement.Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth. Branch phone: 919-546-0400.