Retirement Decoded Podcast

← Retirement Decoded Podcast5 okt · 30 min

Episode 98: Your Old 401(k) Could Be Frozen: The TruStage Cyberattack Warning

Episode 98: Your Old 401(k) Could Be Frozen: The TruStage Cyberattack Warning5 okt30 min

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.