Bill McDowell discusses 401K Rollovers
Listen to the interview on the Business Innovators Radio Network: Interview with Bill McDowell President of The McDowell Agency Discussing 401K Rollovers – Business Innovators Radio Network
Bill McDowell, president of the McDowell Agency, joins host Mike Saunders to discuss the importance of 401k rollovers. They highlight how modern work trends lead to individuals accumulating multiple 401k accounts over their careers. Bill emphasizes the need to consolidate these accounts for better management and financial planning, catering to individuals of all ages who may have multiple 401ks from various job transitions.
One prevalent issue discussed in the podcast episode is the common occurrence of individuals holding multiple 401k accounts from various jobs. With the changing landscape of employment, people are no longer sticking with one company for their entire career. Consequently, individuals end up accumulating multiple 401k accounts over time. The guest, Bill McDowell, mentions encountering clients with several orphaned 401k …