IRA & 401(K) ROLLOVERS

What’s the best way to handle old IRAs and 401(k)s?

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.

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» Annuities

» Asset Protection

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» Retirement Income Strategies

» Tax-Efficient Strategies

» Wealth Management

 

Investment advisory and financial planning services offered through Simplicity Wealth, LLC, a SEC Registered Investment Adviser.  Subadvisory services offered through Advisory Alpha, LLC, a SEC Registered Investment Adviser. Insurance, education and consulting services offered through DBA NAME. DBA NAME is a separated and non-affiliated entity from Simplicity Wealth, LLC and Advisory Alpha, LLC.

 

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