— What Happens to Your 401(k) When You Leave a Job? —
- Leave the money in your former Employer's 401(k)
- Or, move the money to a new Employer's 401(k)
- Or, roll the money into an Individual Retirement Account
- Or, you can simply cash out the plan
When you're deciding on what you should do with your 401k, important information needs to be taken into consideration before making a decision that might affect your financial future. Knowing exactly what options are available and knowing that if you make a wrong decision at this time, you might actually ruin your chances of reaching your retirement objectives.
Many individuals do not understand the full implications of what can happen to their financial future if they don't make the right decision. This is a crucial time in your life and you should not risk your retirement income because of a lack of knowledge. When a 401k is rolled over correctly, there is absolutely no cost to you and your money will be safe.
— Questions and Concerns —
- How safe will my principal actually be?
- How can I reduce Market Risk?
- What is the best way to control my money?
- How can I secure the largest retirement income?
- Which option will help me to secure the best returns?
Should you roll over your 401k when you leave your job, or should you just leave it where it is? In most cases, a 401k rollover into an IRA is preferable. If you're having difficulty choosing between a traditional IRA or a Roth IRA rollover, Safe Money Management can help you sort out your options and help you make the right decision.
Give Chad or Ron a call today and they will be happy to help you understand all of your options and will explain how gaining control of your money is definitely a power play on your part. You will be able to schedule a free, no-obligation consultation at a time that is convenient for you. Why don't you pick up the phone right now and call... (337) 217-9254