Kiplinger

The Biggest 401(k) Mistake People Make

Changing jobs? You might be unaware of the choices available to you for the money in your 401(k) account.

People often assume that when they leave a job, the money must leave with them. This common misperception often emanates from financial advisers, brokerage firms and mutual fund companies, all of whom are often incentivized to encourage you to move your 401(k) to potentially higher cost IRAs.

Fortunately, not all financial planners behave this way. Many are devoted to helping their clients

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