Rollovers and Retirement Plans

If you have a retirement plan with a former employer, it might be to your benefit to roll it over to your self directed individual retirement account. This could give you more flexibility in your investments.

If your present employer offers a retirement plan, it may offer an in service distribution where you can rollover part or all into an individual retirement account now.

Many company retirement plans can have limited investment choices where as self directed individual retirement plans can have almost unlimited investments choices. These choices can include cerificates of deposit, stocks, bonds, mutual funds, annuities, etc. You can invest in the market place with stocks, bonds and mutual funds or you can invest in an annuity that could guarantee you a life time income or one which could guarnatee your principal back with income (Guarantees are based on the claims paying ability of the issuing company). You can also use a combination of the above choices. You nomally do not have this flexibility with a company plan. 

Many employees are not comfortable with moving their retirement plan because they don't know what to do, where to go or what investments to make. If you are interested in a rollover, I can help you with these decisions based on your retirement goals and your comfort level. I have access to all the above investment choices.