💡 In-Service Rollovers at 59½: Is Moving Your 401(k) a Smarter Move?

About this episode

The episode discusses the in-service rollover option for 401(k) plans at age 59½ and its implications for retirement planning.

Turning 59½ can unlock a powerful (and often misunderstood) retirement planning option: the in-service rollover. Many workplace plans allow you to move part of your 401(k) into an IRA while you're still working, under rules set by the Internal Revenue Service. But is it actually better than staying in your employer plan? In this video, Peter with Richon Planning and Erin Kennedy break down: 👉 What an in-service rollover really is 👉 When it makes sense — and when it doesn't 👉 What to compare before making a move (hint: fees, investments, advice, and protections) If you're approaching (or already past) 59½, the in-service rollover can be a powerful strategy to help you prepare for retirement. To talk through the pros and cons with Peter, please call (919) 300-5886 or visit www.RichonPlanning.com

People in this episode

Host: Peter

Guest: Erin Kennedy

Topics covered

• in-service rollover
• 401(k)
• retirement planning
• financial strategy
• investment options

Keywords

• in-service rollover
• 401(k)
• retirement
• IRA
• financial advice
• investment fees

Mentioned in this episode

Organizations: Richon Planning, Internal Revenue Service

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