Why Roll Over Your 401(k)?
Why Latshaw Wealth Management?
many benefits of rolling your former employers 401(k) into an IRA. First and foremost
of these benefits may be better
investment selection. In a group
retirement plan, such as a 401(k), the average number of investments a
participant can choose from is usually a 18 or so. In some cases,
the plan record keeper has peppered the
plan with some of its own funds. Stifel Independent Advisors, LLC and Stifel, unlike most other
national financial advisory firms, have no
proprietary mutual funds. This allows Latshaw Wealth Management
the ability to recommend investments based on each individual's situation,
goals, and risk tolerance. With an IRA, you can choose from
a variety of investment products. This added flexibility can give you
greater diversification among money managers. While diversification does
not ensure a profit or protect against loss, it can help decrease your overall
portfolio risk. An IRA
provides the ability to further diversify your portfolio by investing in
various classes of investments, such as stocks, bonds, closed-end funds, ETFs (exchange
traded funds), unit investment trusts, money
market funds, and CDs, just to name a few.
your retirement assets to Latshaw Wealth Management, you will be provided with
professional investment advice by a
licensed financial advisor who will take the time to understand your
Consolidation of retirement assets
into a an IRA may help simplify your retirement planning. Stifel’s account statements and online account access
can help make
understanding your retirement portfolio easy and make recordkeeping easier!
roll over your former employer’s retirement account into a self-directed
IRA, your retirement savings will have the
opportunity to continue to
grow tax-deferred. You can no longer make tax-deductible
contributions to your former employer’s 401(k) plan. However, with a
self-directed IRA, you can continue to make IRA
contributions to your retirement account, which may be tax
deductible depending on your particular situation.
To learn more about the benefits of rolling
over your 401(k) into a self-directed IRA, order a