Answer
Jul 11, 2019 - 08:28 AM
401k and 403b accounts have distinct limitations that make the transfer of accrued money from these accounts into gold, a particularly attractive proposition.
Since they are backed essentially by paper assets, the 401k and the 403b are subject to the strength, weakness and volatility of the economy.
Plan participants have little control over their money as an account advisor is often assigned on behalf of the employer to manage fund movements and investment choices.
The plans themselves have limited investment options or variety and typically feature a combination of stocks, bonds and mutual funds.
If an employee needs to take money out of a given plan before retirement or under the age of 59 ½ years old, he or she should expect to pay both heavy penalties and interest.
Learn how to rollover your IRA or 401K with
code:
Regal Assets
Learn how to rollover your IRA or 401K with
code:
Regal Assets
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