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401k vs traditional IRA

I have a 401k through my employer. I was advised by a friend to move the investment to a traditional IRA which will  make easier and more beneficial once i retire to make monthly withdrawals. Is this a good idea?

1 Reply
Employee Tax Expert

401k vs traditional IRA

Hi, @ri-solano , thanks for your question! Unfortunately though, this is not a tax question but an investment question, so I am unable to answer. Please consult with a financial advisor. Thanks, sorry I couldn't be of more help! 

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