You’re cashing out your plan? I admittedly don’t understand how these things work but in any case won’t you lose money? The market will recover eventually
“Moving money to cash equivalents [within the plan]” is not the same as “cashing out [the] plan.” The money is still in the account, just in the cash sweep fund instead of a stock or bond fund.
You’re cashing out your plan? I admittedly don’t understand how these things work but in any case won’t you lose money? The market will recover eventually
“Moving money to cash equivalents [within the plan]” is not the same as “cashing out [the] plan.” The money is still in the account, just in the cash sweep fund instead of a stock or bond fund.
A lot of money, not to mention the tax implications.
“The market will recover eventually” is a dangerous mindset.