Starting a new job and have a 401K with an old employer? A caller to this week’s show is in this situation. At 37, he wondered if he should combine his former and current retirement plans into his old 401K OR roll the old funds into a new IRA. Dennis has the answer:
Listen to the Fagan Financial Report every Sunday at 10am ET on WGY (810 am/103.1fm) for the latest news and insights on the markets, rates and investing. Make plans to call-in with your money and investment questions and get expert advice from two of the Capital Region’s most trusted and experienced financial managers. Do you have a financial topic you want the Fagans to address on the show? Send your request using the contact form on the website. Dennis and Aaron Fagan of Fagan Associates in Troy, NY (near Albany, NY) will choose the best question submitted each week and answer it on the air. Don’t forget to visit FaganAsset.com and our Facebook page at: facebook.com/faganasset The views expressed represent the opinions of Fagan Associates and are subject to change. These views are not intended as a forecast, a guarantee of future results, investment recommendation, or an offer to buy or sell any securities. The information provided is of a general nature and should not be construed as investment advice or to provide any investment, tax, financial or legal advice or service to any person. Additional information, including management fees and expenses, is provided on Fagan Associates’ Form ADV Part 2, which is available upon request. Any investments presented may be examples of securities held, bought and/or sold in Fagan Associates’ client portfolios. These investments may not be representative of the current or future investments of those portfolios. You should not assume that investments in the securities presented were or will be profitable. Investing in securities is speculative and carries a high degree of risk. Past performance is no guarantee of future results.
Fagan Associates, or one or more of its officers or employees, may have a position in the securities presented, and may purchase or sell such securities from time to time.