Business, 12.04.2021 21:30 adajadavis2843
A new customer, age 40, has been terminated by her current employer. This individual had an annual salary of $60,000 per year and has $180,000 in her 401(k) account at that employer. She has been informed that the funds cannot be maintained in the ex-employer's plan. This client is single with no children, has little investment experience, and has no other investments or retirement plans. The client asks about rolling over the funds into an IRA. As the registered representative for this client, the LEAST important consideration when discussing this with the customer is that:
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A new customer, age 40, has been terminated by her current employer. This individual had an annual s...
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