The 401(k) plan is a type of employer sponsored retirement plan under the IRS code.  This type of plan allows an employee to save for retirement while deferring income taxes on the saved money and earnings until the withdrawal of funds.

 A rollover or transfer allows you to move assets from one retirement account to another, tax free. Rollover or transfer options may be right for you if:

·         you are ready to leave or retire from your job; or

·         are interested in IRA conversions.

In the event you are currently employed and want to have more control in a safe retirement plan within your current 401(k), you will want to consider an in-service distribution.  Your 401(k) may allow you to move some of your retirement assets to an IRA while still employed.  And in-service distribution will allow you to:

·         have more freedom in your allocation choices that are safer and better suited for you;

·         offer greater growth potential without disclosed or undisclosed brokerage fees;

·         additional guarantees to protect your retirement nest egg that are not available

·         through your current plan; and

·         offer you more control after your death by avoiding probate, so your beneficiaries can receive a lifetime income.

Please contact us today and let us assist you in a big decision that can make difference in your future and the future of your loved ones.