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What Should You Do with 401(k) Funds at Retirement?
The Wall Street Journal; subscription may be required
Jan. 30, 2012
Retirees who want to keep investments sheltered from paying current taxes will essentially have two options. Savings can be left in a company retirement plan, where retirees can keep their money in a lineup of funds chosen by the company. Or the assets can be rolled over into another tax-favored account, generally an individual retirement account, which provides investors with control over investment choices and makes it easier to work with a financial adviser.
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