Quote:
Originally Posted by LakeCleElum
Wow, so much bad information here, I don't know where to start???? There are many types of 401K plans now.
Go to an investment house for brochures or google it.......
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Yes, please be specific as I reread the thread, and I don't see any inaccuracies either. POP's suggestion about borrowing would just be considered "bad advice"
. I had a "professional advisor" almost steer me wrong in the very "early days" on a 401K rollover, so I try to stay up on the nuances, but there are a lot of new offerings as of late. Although there may be many types of 401k plans now, unlike the options available with individual IRAs, most would only have access to what their employer is offering (unless you are referring to setting up your own (self employed, etc.)). From what I have read over the years, most investment house brochures and websites only hit the tip of the iceberg, could you point me to a specific one that you've found to be informative? Thanks!