I am about to move to Canada in the next few months and I am closing down all my accounts in the US. What do you suggest I do with my 401K account?
Some websites suggest leaving the account as is till I am 59 but I don’t want to leave a 5 digit sum of money just like that. I am okay with paying the taxes and the penalty just to get the money back that I can reinvest in Canada.
What would be my best option here?