401(K) ROLLOVERS
If you've worked with multiple employers, you've likely contributed to multiple retirement plans (401(k)s, 403(b)s, 401(a)s, TSPs, 457s, etc.). And, upon leaving, your retirement account options aren't always clear.
You have four options: leave the funds alone, cash out, roll to your current 401(k), or roll the funds to an Individual Retirement Account (IRA).
Though everyone's situation is different, and not one size fits all, we are generally proponents of the last option—consolidating into an IRA—for multiple reasons. While an employer plan is usually more inexpensive, an IRA is far more flexible, allowing you access to a universe of thousands of investment options not included in a 401(k), TSP, or otherwise.
We have helped hundreds of clients navigate the rollover process, often assisting with multiple rollovers each. For questions about your situation or previous employer retirement accounts, call our office at (303) 261-8015 or schedule a free consultation.
