Round Table | Should I Liquidate My 401k and Put it into an IBC System?

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15th March 2022 • The Wealth Without Wall Street Podcast • By Russ Morgan & Joey Muré

00:00:00 00:45:05

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Do you have a clear path to building wealth so you can enjoy a comfortable life after you stop working? For most individuals, 401k’s are the default option. However, withdrawals are typically restricted since it is intended to be a retirement plan. Most withdrawals before age 59 1/2 come with a 10% penalty. So, you don't really have control over your funds while it is locked in your 401k. Is there a better alternative? That's what Joey and the coaches will talk about in today's conversation. So, please listen closely.

There are three main topics to this round table:

First, why do people invest in 401K?
Next, what options do they have?
Finally, how does someone decide which path to take?

Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.

This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.

The hosts may have a financial interest in the programs or services mentioned in this episode.

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