Neighbor News
The 2011 Spring Pick-Up can include your old 401(k)'s
The 2011 Golden Valley Spring Brush Pick-Up began this week. That annual event got me thinking about how most individual investors should d
As we all know, the 2011 Golden Valley Spring Brush Pick-Up began this week. That annual event got me thinking about how most individual investors should do the same thing with their old 401(k) statements.
The only company retirement plan statements you should be receiving now should be from the retirement plan offered by your current employer. Every other company retirement plan account that you have every participated in (and receive statements from) should be consolidated into a Roth or rollover IRA offered by a no-cost custodian firm.
These firms will allow you to consolidate all your smaller company retirement plan accounts into a single account. In this account, you will be able to own a wide variety of stock, bond, mutual fund or ETF investments with very low transaction fees.
