Do you have an old 401k or IRA account? If so, what do you want to do with it?
What happens after you leave your job that you had a 401k with?
- You may be able to leave your retirement account where it is. However, be aware it will be in junk funds and have high fees.
- On the other hand, you can rollover your money from the old account 401k and into a new account. You may be able to do this with your new employer into another individual retirement account (IRA). However, will that be safe for your money? Usually not.
- You can also cash it out; that is take some or all of the money out. However, there will be serious tax consequences to that. Plus, you will not have those funds when you need them.
How is my 401k Performing?
You can check out the rating and productivity of your 401k, IRA, and other retirement accounts. Those from your current workplace and companies you no longer work at. Then you can see how it is performing: www.brightscope.com
The solution is a Rollover.
You can rollover your old IRA, 401k, or any retirement account into an account with a high-performing top-rated company that is over one hundred years old.
But it needs to be in the right type of account that has growth advantages and where your money is secured, so you will not lose any of it. This is the best way to take an old IRA or 401k and take out your money that you contributed and “rolled it over” from one qualified retirement plan into another qualified plan. With high growth annuities, there are no penalties to roll them over.
How Can a Rollover Help you?
Here are some questions you need to ask yourself:
- What is your money for, retirement, or legacy, or…?
- How do you want your money to grow?
Fixed, variable, or index? That is, do you want it like a bank passbook account with low interest, or in volatile mutual funds, or in an Index Strategy? Where your money goes up when the market goes up and stays put when the market goes down. With this plan, you would not have lost a dime in 2008 or 2020! So, you never lose any money. You will only grow money. This is how and what the wealthy have been doing for generations!
- How is your money growing now?
- When do you need this money?
- How would you like to take out your money when you retire, all at one or like a pension income for life?
- Would you like to put in more money or leave it as is?
What about the fees in a new top-rated IRA annuity?
There will be no, like zero, to exceptionally low fees, .5-3%, versus three times or more for keeping your money in an old retirement account! The new account will be in your control, simple, growth-oriented with no loss with an A+ grade index funds.
What are the qualification criteria?
It needs to make sense for you, if there is a big surrender charge, do not move it. We will not lose our clients’ money!
We need to find out if there are their penalties, we will find out together from your old company.
Now that you know, what do you want to do about it?
Rollover an IRA is a fantastic money-saving way to take an old retirement account work for you. Sometimes new ones too, or a 401k and “flip the script.” You can take your money that you contributed and “roll it over” from one qualified retirement plan into another qualified plan. With annuities, there are no penalties to roll them over.
Let us help you today!
We are licensed financial professionals and advisors. We represent 100 top ‘A’ rated companies, from A to A+++ and we will listen to your needs and then search for the very best plans, so you grow your money and not lose it!
We can see what you qualify for, and we can search the top A+ rated companies for you. Then, we can roll over your old IRA and 401k away from D grade accounts and into an A+ plan that is guaranteed not to lose your money!
We are a full-service brokerage firm. We provide financial education, business plans, Annuities, million-dollar baby, debt consolidation, premium financing, college plans, 401k Rollover, 401k plans, IRA’s, 403b plans, 457 plans, PDF’s, FIA rollovers, living benefits plans, long term care, income for life high growth annuities, Living Benefits, global accounts, out of state MAPS, legacy plans, tax specialists, revenue sharing program, insurance, life insurance, debt relief, and even legal insurance! We even have a business opportunity!
We are solution finders for you! We are licensed by the State of California to help you. Allow us to help you, and I will meet with you at no charge.https://calendly.com/richardkrejcir
Get Help with Your Rollover IRA! Contact us for an appointment today!
Dr. Richard Krejcir is a pastor, and a licensed and experienced Financial Consultant with over thirty years of experience. He has worked for major banks, insurance companies, nonprofits, and families too. He is also an author, Special Ed Teacher, and financial blogger and holds a doctorate in Finance and Stewardship.