Consolidating 401 k plans big fish dating site

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Changing jobs is a busy time so thinking about what to do with your old 401(k) is often not a priority.If you are among the many busy people who have multiple retirement accounts at different firms, this post is for you.

For more information, read or listen to How to Handle Retirement Rollovers Correctly and What Is an IRA Rollover?Other times, it can make your life more complicated, and you may want to merge some or all of the accounts into a single large account, where you can better keep track of your retirement investments.Generally speaking, it’s easy to merge retirement plans, and to do so without incurring penalties.Over the years, participants have brought lawsuits against companies saying the providers they hired were receiving unreasonably high fees.On top of this, a newly minted rule, which takes effect next year, redefines the definition of fiduciary.

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