🧐 Ever wondered if a financial advisor can help you with your 401(k)? While financial advisors can manage various accounts, they typically can't access or make trades in your 401(k) plans. This article dives into the limitations of financial advisors when it comes to managing these retirement accounts, emphasizing the importance of understanding your options. I've often found that many people assume their advisor can handle everything, but that's not always the case. It’s essential to know where your financial responsibilities lie to make informed decisions about your retirement savings. Are you utilizing your 401(k) to its full potential? Read more here: https://www.nerdwallet.com/retirement/learn/401k-financial-advisor #FinancialAdvisor #RetirementPlanning #401k #InvestSmart #FinancialLiteracy