Host John Chapman of the John Chapman Show talks about the choices you can make as they pertain to your old 401ks. John will also help you understand IRAs, and compare the traditional IRA to the Roth IRA and what exactly a self-employed 401k is. 

Episode Highlights:

•         John Chapman introduces the show topic of the options for your old 401ks.
•         What is your greatest asset? 
•         What are your options for your old 401k?
•         What are the cons of your 401k options?  
•         What makes the IRA unique? 
•         How does the Solo 401k work and who uses them?  

3 Key Points:

1.   You are your biggest asset so keep improving yourself and increase your ability to earn. 
2.   Options for old 401ks include: keep it where it is at if it is over $5,000, roll it into your new company, roll it over to a traditional IRA account. 
3.   The universe of ETFs are over 5,000 and common stocks have over 8,000 on US exchanges. 

Tweetable Quotes:

•     “I’m a huge advocate for you treating yourself with the care and attention and tenderness that you would an asset, like a piece of real estate.”– John Chapman
•     “IRA accounts, they were signed into law with the Employee Retirement Income Security Act, commonly know ERISA.”– John Chapman
•     “The universe of mutual funds is like 14,00 mutual funds. It’s huge.”– John Chapman

Resources Mentioned:

● Linkedin: John Chapman