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Episode 98: Your Old 401(k) Could Be Frozen: The TruStage Cyberattack Warning
Published 16 hours ago
Description
Get on our phone calendar at https://TuckerRetirement.com What happens when a cyberattack hits the company responsible for administering your retirement plan — and suddenly participants can't access their money? Scott Tucker discusses the TruStage cyberattack and why it highlights a major risk of leaving an old 401(k) sitting with a former employer. We explain why you should review old workplace retirement accounts, the potential advantages of rolling a former employer's 401(k) into an IRA, and why reaching age 59½ can create additional options for taking control of retirement assets. Don't forget about the retirement accounts you left behind.