How Can I Protect My 401(k) While Dealing with Cancer?
Itâs important to safeguard your retirement savings even while dealing with a cancer diagnosis. Here are a few strategies:
Continue Contributions: If possible, try to continue contributing to your 401(k), even at a reduced rate, to take advantage of employer matches. Rollover Options: If you change jobs or stop working, consider rolling over your 401(k) into an IRA to potentially lower fees and increase investment options. Financial Planning: Work with a financial planner who understands cancer-related financial challenges to create a personalized plan.
