Advice

When it comes to understanding your finances and making smart purchasing decisions, there's a lot you need to know. We're passionate about helping our members better understand their finances so that they can feel secure and informed about their decisions.

  • IRA Rollovers

    A rollover IRA is one of the best, most secure and approachable options for your future. While cashing out your retirement is tempting, it likely won’t have the long-term benefits you’ll want and could wind up costing you more than you expected.

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    IRA Rollover Definition

    Transferring your retirement savings funds from your work retirement plan (typically a 401k or 403b) to an Individual Retirement Account (IRA) can have a positive impact on your funds — providing more investment choices and the opportunity to maintain tax-exempt gains and income. 

    Transferring your money over into an IRA will not only give you a tax-advantages and growth potential, it will allow you to consolidate multiple IRA balances and give you more control over your investments. There are a number of rollover IRAs to choose from and they can vary depending on your personal preferences and financial situation. When it comes time to deciding the best rollover option for you, it’s best to consult with a trusted financial advisor.