1325: [Part 2] What To Do With Your 401k When You Change Jobs by Kevin Ha of Financial Panther on Backdoor Roth

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 1325: Kevin Ha from Financial Panther dives into the critical decisions around managing your old 401k plans when changing jobs. He explores the importance of simplicity, the impact of administrative fees, Backdoor Roth eligibility, and any special characteristics of your old retirement plans. With practical insights and personal decisions, Kevin's guide is invaluable for anyone navigating their retirement savings amid career transitions. Read along with the original article(s) here: https://financialpanther.com/what-to-do-with-your-401k-when-you-change-jobs/ Quotes to ponder: "Simplicity is key when managing retirement accounts; consolidating funds can make it easier to track your savings." "Understanding administrative fees is crucial; they can erode your retirement savings, especially if you have multiple accounts with fixed fees." "The special characteristics of plans like the 457 can offer unique benefits, such as penalty-free withdrawals, which are worth considering before rolling over funds." Episode references: The Power of Now: https://www.amazon.com/Power-Now-Guide-Spiritual-Enlightenment/dp/1577314808 Learn more about your ad choices. Visit megaphone.fm/adchoices

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Optimal Work Daily, presented by the experienced narrator Dan, is a podcast that focuses on enhancing productivity, creativity, and work-life balance. Dan provides clear and engaging narration of thought-provoking articles from leading experts in the fields of work, career development, productivity, and entrepreneurship. Optimal Work Daily is an ideal resource for professionals, entrepreneurs, and anyone looking to maximize their potential in the workplace. The podcast's diverse range of topics, from time management strategies to fostering creativity, provides valuable insights for enhancing performance and achieving career satisfaction, making it a must-listen as you strive to excel in your professional life. Whether you're aiming to advance your career, boost productivity, or delve into entrepreneurship, Optimal Work Daily offers practical advice and inspiration. Each episode focuses on work, career, productivity, and entrepreneurship, providing you with the tools needed to thrive professionally. Dan's engaging narration and the podcast's insightful content make it an essential daily listen for those dedicated to career growth and success. This podcast is designed for those passionate about work, career, productivity, and entrepreneurship. It’s your go-to source for practical advice on enhancing your work performance, advancing your career, and exploring entrepreneurship. Each episode offers actionable steps to foster productivity and professional growth, emphasizing the importance of work, career, productivity, and entrepreneurship in achieving your goals. Listen now, and become an OLD friend--your optimal life awaits...