Have you recently changed jobs? You may be wondering what to do with your 401k plan. Understanding your options and making informed financial decisions could help keep you stay on track for a comfortable retirement.
When you change jobs you may feel comfortable leaving your plan with your previous employer, due to familiarity, but you may want to find out how an Individual Retirement Account (IRA) compares to the account you currently have.
IRA accounts allows you to delay income taxes on your retirement planning assets and avoid an early-withdrawal penalty, but unlike your employer-funded retirement plans, an IRA through a brokerage firm will likely offer more investment options.
If you just started a business, we can help you set up a 401k plan that helps you manage your retirement savings and potentially save you money on taxes.
Rochester Investments will help you develop an investment plan, and we’ll monitor and rebalance your investments periodically, so you can focus on other things that are important to you.
