When you leave your job or retire, the decision about where to put the money from your previous employer's retirement plan could make a big impact down the road. To make sure that a rollover is a smart move for you, it is important to understand all your rollover options.
|Roll Over to an American Century Investments® Rollover IRA||
|Roll Over to a New Employer's Retirement Plan||
|Stay in an Old Employer's Retirement Plan||
|Cash Out Your Retirement Plan||
*Taxes are deferred until withdrawn. A 10% penalty may be imposed for early withdrawal (prior to age 55 for qualified retirement plan distributions and age 59½ for IRA distributions).
**Assumes a 35% tax bracket and no exception to withdrawal penalty applies. State income taxes may apply to your distribution. Your tax bracket may be lower.
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.