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401k Rollover Mistakes That Cost You Money | Raleigh News
Don’t let your 401k rollover become a tax trap—most people miss the critical difference between direct and indirect rollovers. With an indirect rollover, you get hit with a 20% withholding, forcing you to cough up the missing cash or face taxes and penalties. Plus, IRAs often carry higher fees and expense ratios than your old plan. You don’t have to move it immediately—evaluate costs, investments, and rules like Rule of 55 before you transfer. One wrong move could cost you thousands. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on…
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