Perception vs. Reality There’s an alarming difference between perception and reality for current and future retirees. Share | Related Content Ready for Retirement? Are you ready for retirement? Here are five words you should consider. Choices for Your 401(k) at a Former Employer Individuals have three basic choices with the 401(k) account they accrued at a previous employer. Retirement Plan Distributions There are a number of ways to withdraw money from a qualified retirement plan.