Videos

“Today Ascentra is Making Sense of IRA Rollovers”

If you’ve been putting money away in an employer retirement plan such as a 401k, you have options on moving your retirement dollars safely.

If you’re switching jobs, and don’t want to move your existing retirement plan to your new employer, or pay penalties and taxes if you cash it out, you have the option of rolling it over to an IRA- an Individual Retirement Account. 

An IRA rollover from a qualified retirement plan has no penalty and no tax consequences.

Perhaps you’re retiring, and wish to have more control over who, where, and how your hard-earned money is invested -  An IRA rollover may be a perfect option. 

Before making any big financial decision, it’s important to talk to a trusted financial advisor, to find out what works best with your retirement goals, and to make sense of any penalties or tax consequences that could apply.