When is rolling your lump-sum retirement benefits into an IRA a good financial decision?

Question

Quizplus · Accepted Answer

Rolling your lump-sum retirement benefits into an IRA is a good financial decision if you have taken a new job, retired early, or don't need the funds immediately. When you roll over your retirement benefits into an IRA, you can continue to defer taxes on your retirement savings, and you have greater flexibility and control over your investments. Additionally, IRAs often have lower fees compared to employer-sponsored retirement plans, so you can save money in the long run. Therefore, all of the options (A, B, and C) are correct.

When Is Rolling Your Lump-Sum Retirement Benefits into an IRA