401(k) Options

One of the reasons a 401(k) is great is because your assets are portable if you start a new job. Your rollover options typically include moving your assets to an IRA or your new employer’s retirement plan. Other options include taking a cash distribution or leaving the funds in your previous employer’s retirement plan. Each choice offers advantages and disadvantages, and you may engage in a combination of these options.

We recommend you discuss each of these alternatives for your 401(k) with one of our wealth advisors. They will work with you to help you identify which option is best for your retirement goals and current financial situation.