401k investments
I have a 401k is it OK to keep it where it’s at I have it at walmart
Terry Says
If you’re still employed by the company, you cannot move it. BUT, you can look at the investments you have made inside the plan and make decisions.
If you are under 50, you can probably stick with the S&P 500 stock fund, or a general stock fund, and keep contributing to get the match.
If you’re over 50, nearing retirement, you might want to switch to more conservative investments inside the 40l(k). Your HR department can explain the alternative investments inside the plan.
And if you’ve already retired, that means you’re older and definitely want to be more conservative. So it’s time to do a rollover. Read this for instructions on how to do that:
https://www.terrysavage.com/rollover-now/
