Fairway wealth manager Dina Powers recently appeared in Financial Advisor Magazine, an RIA and financial news magazine featuring the latest trends and industry best practices. In a discussion on the benefits and drawbacks of traditional 401(k)s vs. IRA accounts, Dina noted that a client’s financial pipeline – along with their expected retirement age – can determine which savings plan is best for them. “Rolling over a 401(k) to an IRA might be a bad idea if you anticipate needing a loan from your retirement fund, as most 401(k) plans allow for a loan up to the lesser of half the account value or $50,000,” said Dina. That’s why it’s important to work with a certified advisor who can oversee your investment portfolio and diversify it toward your greatest financial success. Click here for the full article.
