No. of Recommendations: 1
I can't think of a major reason to go one way or the other... flexibility is always good, so maybe I should go with the IRA?

How close are you to 55? Are you planning on staying with this employer until you reach 55? 401(k)/403(b) plans give you the ability to withdraw without penalty or having to do 72(t)/SEPP withdrawals as long as you 'separate from service' in or after the year you turn 55. With an IRA, you don't have this option until you are 59 1/2. So if you plan on retiring between age 55 and 59 1/2, there may be some advantage to having the money in a 401(k) or 403(b), rather than an IRA.

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