If you have several retirement plans in operation and have worked for several different employers over your life, it is a good idea to consolidate them. Consolidating your accounts into one makes it much easier to manage, so you can keep track of your money much more easily. It can also help you keep track of your retirement assets and assess the overall performance of your investment portfolio. Keeping retirement assets in one account can help reduce the cost of legal fees etc. If you decide to consolidate your retirement plans into one always make sure that you seek help and advice from a professional financial advisor.
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