Updated Tuesday, September 30, 2014 as of 1:58 PM ET

401(k) Strategies for All Generations: Monday's Retirement Scan

Our daily roundup of retirement news your clients may be thinking about.

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Comments (2)
I am very surprised that none of your "experts" mentioned that if they are 55, or in the calendar year when they will become 55, and the "separate from service" from the company holding their 401-k/403-b plan, then they should probably keep their plan alone, and not roll it over to an IRA, IF THEY THINK THEY MIGHT NEED ANY OF THE MONEY BEFORE REACHING 59 1/2. Distributions from IRAs before 59 1/2 are subject to the 10% penalty for early distributions, but 401-K/403-B plans do no have that restriction if you separate from service between 55 and 59 1/2.

dlzallestaxes@msn.com
Posted by DAVID L Z | Monday, June 30 2014 at 2:39PM ET
Jim Cramer made a good point. I would have also noted, however, that most companies match with their own shares, which increases the disproportionate investments. However, I would have also advised the readers that the NUA (Net Unrealized Appreciation) in the employer's stock gets extremely favorable tax treatment, and should be researched with the company BEFORE moving those shares anywhere.

dlzallestaxes@msn.com
Posted by DAVID L Z | Monday, June 30 2014 at 2:43PM ET
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