Why consider a Rollover IRA?
When you leave a job, you have a few options to choose from for what to do with money that's in your employer's retirement plan. All options have pros and cons that you should consider before you make a decision. Below are benefits of one option—a Rollover IRA.
What are the advantages of a Rollover IRA?
When you instruct a former employer to move your money to a Rollover IRA, the money is no longer bound by the rules and limitations of your former employer's plan, or future changes that you don’t have a say in. Staying in the plan may be the easiest course and your money can continue to grow tax-deferred, but it also could limit your access and choices. A Rollover IRA allows you to:
- Control your retirement savings.
- Take advantage of more investment choices and growth potential.
- Manage your account on your terms.
- Access your money how and when you want it.
- Avoid possible tax consequences and penalties of other distribution choices.
Before you decide to rollover, also consider that staying in your employer's plan may be the easiest course of action. Your money can continue to grow tax-deferred, but it also could limit your access and choices. Account fees and fund expenses may also be lower in your employer's plan.
One Call Rollover Service
Call 1-888-345-2431 to speak with one of our Rollover Specialists who will:
- Guide you through the entire rollover process.
- Help you choose a distribution option that suits your situation.
- Explain your investment choices.
- Offer complimentary investment planning services.
- Assist you with all the transfer paperwork.
We are so confident that you'll find our One Call Rollover service easy, convenient and hassle-free that we guarantee* your satisfaction.
*View our Rollover Service Guarantee for more information or call 1-888-345-2431. This guarantee applies only to the rollover service, and does not apply to the performance of any particular fund or advice service.
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This information is for educational purposes only and is not intended as a personalized recommendation or fiduciary advice. These are different options available for your retirement plan investments. You should consider all options before making a decision. Our representatives can help you evaluate all of your distribution options.
IRS Circular 230 Disclosure: American Century Companies, Inc. and its affiliates do not provide tax advice. Accordingly, any discussion of U.S. tax matters contained herein (including any attachments) is not intended or written to be used, and cannot be used, in connection with the promotion, marketing or recommendation by anyone unaffiliated with American Century Companies, Inc. of any of the matters addressed herein or for the purpose of avoiding U.S. tax-related penalties.
This information is for educational purposes only and is not intended as tax advice. Please consult your tax advisor for more detailed information or for advice regarding your individual situation.