If you’re nearing retirement, you’ve probably been told your investment options inside a 401(k) are limited. The usual advice? Either wait until age 59½ to access your funds, use a hardship withdrawal (if you qualify) or, in some cases, take advantage of the Rule of 55. But what if you didn’t have to wait?
There’s a lesser-known option that gives you far more control and flexibility over your retirement assets: a self-directed brokerage account (SDBA). Despite being available in many employer-sponsored 401(k) plans, SDBAs are one of the most underutilized tools for retirement investing and can unlock the power of your 401(k).
