I have been in US for about 5 years now. Currently, I invest the minimum amiunt required for getting the company match to my 401K.
I have plans of moving out in 4 years. This particular time frame is for my spouse and me to achieve some personal goals before we move.
How should I deal with my 401k when the time comes?
I have read that, IRA is a more flexible account than 401K. Do people suggest moving money to IRA from 401k?
Also, what if I dont want to pay penalty of withdrawal, and continue to keep my account here till I retire. Is there any anticipated risk in doing so?
PS: I have plans to get an opinion from a professional consultant soon. I am here just for some background research.
TC : 180K
#personalfinance #investments
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