“In-Service” Distributions from 401(k)s

Many people work for employers who offer a less-than-desirable 401(k) plan. Unfortunately, many 401(k) plans offer only a limited number of investment options, which prevents plan participants from diversifying their retirement account. Additionally, a 401(k) may offer only investments with average to poor performance track records. Finally, some 401(k) plans only offer investment options with high annual expenses. Are employees of companies offering inferior plans simply out of luck?

Visit this financial advisor blog to learn about a technique not frequently advertised by employers and 401(k) administrators that can offer significant advantages over keeping money in a sub-par retirement plan.