As Donald Trump took the oath of office on Jan. 20, he was flanked by some of the world’s wealthiest people. The billionaires present that day — including Elon Musk, Jeff Bezos and Mark Zuckerberg — had never been richer, flush with big gains from frothy stock markets.
You’re cashing out your plan? I admittedly don’t understand how these things work but in any case won’t you lose money? The market will recover eventually
“Moving money to cash equivalents [within the plan]” is not the same as “cashing out [the] plan.” The money is still in the account, just in the cash sweep fund instead of a stock or bond fund.
You’re cashing out your plan? I admittedly don’t understand how these things work but in any case won’t you lose money? The market will recover eventually
“Moving money to cash equivalents [within the plan]” is not the same as “cashing out [the] plan.” The money is still in the account, just in the cash sweep fund instead of a stock or bond fund.
A lot of money, not to mention the tax implications.
“The market will recover eventually” is a dangerous mindset.