llions of Americans will need to decide what to do with their 401(k), as workers face a coronavirus-driven recession in which top economists expect a long-lasting double-digit unemployment rate to persist. If you’re suddenly unemployed, worrying about your distant financial future may seem unimportant when you have immediate pressing needs now. Still, the decisions that you make today can cost you a lot more in the future, so it’s smart to weigh your 401(k) options.
Below are the key choices for a 401(k) rollover and when each might be right for your situation. To continue reading, click here…