Here’s what Lincoln Financial says about that statement: “True…or False. While you should not delay saving for retirement, it’s a good idea to speak with a financial professional to determine how to strategize paying off debt while also planning for your future.”
Lincoln Financial also is encouraging consumers to consider moving 401(k) plan assets from the plans offered by their previous employers to the plans offered by their current employers.
The process for a rollover is typically easy, and combining the accounts will make it easier for a retirement saver to monitor the performance of all of the investments, Lincoln says.
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