How to handle old assets and leave the legacy you want.

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IRA & 401(k) Rollovers

What’s the best way to handle old IRAs and 401(k)s?

When you change jobs or retire, there are four things you can generally do with the assets in any employer-sponsored retirement plan:

  1. Leave the money where it is
  2. Take the cash (and pay income taxes and perhaps a 10 percent additional federal tax if you are younger than age 59½)
  3. Transfer the money to another employer plan (if the new plan allows)
  4. Roll the money over into an IRA

Rolling over from one qualified plan to another qualified plan allows your money to continue growing tax-deferred until you receive distributions in retirement. We can help you determine if a rollover is the right move for you.


IRA Legacy Planning

What will your legacy be?

IRA accounts have become one of the largest types of assets inherited by loved ones. If you don’t anticipate needing your IRA money in retirement, you may wish to consider a legacy planning strategy that potentially reduces taxes and increases the payout your beneficiaries will receive upon your death.

You may want to use some of the value in your IRA to provide your beneficiaries with a regular stream of income while leaving the balance of IRA assets invested for tax-deferred growth. The result may yield substantially more money paid out over the course of your beneficiaries’ lifetimes.

We can help you evaluate your financial situation to determine if IRA legacy planning could help you, and we can work with attorneys and tax professionals to help you meet your goal of structuring a long-lasting inheritance for your loved ones.

Our firm is not permitted to offer, and no statement contained herein shall constitute, tax or legal advice. You should consult a legal or tax professional on any such matters.


Do you have old IRAs or 401(k)s? We can help you determine the best approach for these assets.

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NASHVILLE, TN
9019 Overlook Blvd.
Suite C1-B
Brentwood, TN 37027
Phone: (615) 656-3170
Fax: (866) 673-4465

CHICAGO, IL
2580 Foxfield
Suite 101
St. Charles, IL 60174
Phone: (630) 584-2800
Fax: (866) 673-4465
The Chicago office is for the
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» Retirement Planning
» Wealth Management
» Annuities
» IRA & 401(k) Rollovers
» Balanced Lifestyle

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