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

  • Leave the money where it is

  • Take the cash (and pay income taxes and perhaps a 10% additional federal tax if you are younger than age 59½)

  • Transfer the money to another employer plan (if the new plan allows)

  • 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.

If you decide to cash out of an IRA, we can help you find suitable vehicles to help you reach your retirement income goals.

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Investment Advisory Services are offered through Brookstone Capital Management, LLC (BCM), a Registered Investment Advisor. Insurance and annuity products are provided separately through Adam Goodman.

*Guarantees provided by insurance products are backed by the claims paying ability of the issuing carrier.

This website is for informational purposes only. It is not intended to provide tax or legal advice. By contacting us you may be provided with information regarding the purchase of insurance or investment products in the future.

© 2018 Goodman Lifetime Wealth Strategies.

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