Friday, June 8, 2007

What to do with your 401(k) plans

Chronicle finance columnist Kathleen Pender offers these links to previous stuff she's written on what to do with 401(k) plans when you leave a company:


twallack said...

Good advice. I think the same advice would apply to the "lump sum" retirement payout many people receive from the Guild when they leave. I rolled it into an IRA plan and would urge others to do the same to avoid paying taxes and early withdrawl penalty.

Anonymous said...

Just a reminder on the lump sum from the Guild it was frozen with the last contract at 1/1/2006.
(The monthly payment is still there to be collected when you retire.) Kathleen Balles in the Guild office is the pension coordinator. Her number is 415-543-2569, email Kathy at: kr