Whenever you change jobs or retire from employment, there are four options you have with the funds in your employer ­sponsored retirement plan. Your choices are to:

  • Leave the money where it is
  • Take a lump sum distribution and pay income taxes and perhaps a 10% federal income tax penalty if you are less than 59.5 years old
  • Transfer the funds to another employer sponsored retirement plan if your new employer’s plan will allow it
  • Roll the funds over to an IRA

Rolling over your retirement funds from one qualified plan to another qualified plan allows your funds to continue growing tax ­deferred until you eventually receive distributions at retirement. Rolling over your retirement funds into an IRA cracks the window open to other investments that you previously didn’t have access to in your employer ­sponsored retirement plan. However, for an even greater list of investment opportunities that you weren’t previously privy to, rolling over to a Self Directed IRA would be the way to go.

A Self Directed IRA gives you the opportunity to invest in things like:

  1. Real Estate
  2. Tax Liens
  3. Precious Metals
  4. Private Placements/LLC’s
  5. Other Businesses
  6. Energy, Oil and Gas
  7. Commercial Notes
  8. Promissory Notes
  9. Private Mortgages
  10. Other Alternative Investments

We can help you create a Retirement Plan to determine if a rollover is the course of action for you. If it is, we’ll determine the best type of IRA to rollover to, whether a Traditional IRA or a Self-Directed IRA. Lastly, we’ll also help you determine the best investment vehicles for your rollover retirement accounts.

To schedule a mutually convenient time to discuss your IRA or 401(K) Rollover, call us today at 470-­253-­9711 ext 101.