IRA & 401(k) Rollovers

 

When you change jobs or retire, there are four things you can generally do with the assets in any employer-sponsored retirement plan:

  • 1 Leave the money where it is
  • 2 Take the cash (and pay income taxes and perhaps a 10 percent additional federal tax if you are younger than age 59½)
  • 3 Transfer the money to another employer plan (if the new plan allows)
  • 4 Roll the money over into an IRA

Rolling over from one qualified plan to another qualified plan allows your money to continue growing tax-deferred until you receive distributions in retirement. We can help you determine if a rollover is the right move for you.

Ready to Take The Next Step?

For more information about any of our products and services, schedule a meeting today or register to attend a workshop.

Schedule a Meeting

Or give us a call at 734-404-6977.