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Thread: Who feels it necessary to keep their securities distributed among several brokerages?
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Old 09-13-2023, 07:34 AM
Caymus Caymus is offline
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Quote:
Originally Posted by retiredguy123 View Post
It is a good idea to convert the 401K to an IRA. That is the first thing I did when I retired. Lower fees and more control and flexibility.
The fees would not be much lower in my case.

I reason I stay is that I read that a 401K offers more legal protection than an IRA would. I hope someone will correct me if I am wrong on that aspect.