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Should I Roll Over My Old 401(K)?

If you’ve switched jobs and have a 401(k) from a previous employer, what are your options with that account?  An article from Hartford Funds “Should I Roll Over My Old 401(k)?”, details some helpful options to consider.     

Option 1:  Do nothing/leave your money in your previous employer’s 401(k)

Option 2:  Roll over your old 401(k) to your new employer’s 401(k)

Option 3:  Roll over your old 401(k) into an IRA

Option 4:  Cash out your old 401(k) and pay the penalties

Check out Hartford Funds article for more information on rollover considerations, or give us a call to set up an appointment! As always, consult a qualified tax or legal professional regarding your specific legal or tax situation.

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