401k Rollover
Have you recently switched jobs? If so, speak to an ISU-ERG Insurance Agency expert about a 401k rollover!
When you transfer jobs, you have many things on your mind. Is your 401k one of them? Here at ISU-ERG Insurance Agency, we firmly believe that one of the most important things you can do in the process of switching jobs is to roll over your 401k.
Making the decision to roll over your old 401k can have huge benefits. If you instead decided to cash out your retirement savings, for instance, you would be hit with penalties that can be extremely costly. The other option, keeping a separate 401k for each job you have, is viewed as slightly better than cashing out, but with multiple accounts of less money, it is more difficult to keep track of all the money you have been working your whole life to save.
Rolling over your 401k allows you to avoid the nasty penalties of cashing out, and also lets you keep all the money in one account, so that it is easily tracked. If you want to start the process of rolling over a 401k, or have questions about the 401k rollover process, speak to an associate at ISU-ERG Insurance Agency today!
Securities and Advisory services through Financial Telesis, Inc., member SIPC/FINRA
