Where Should You Roll Your Assets

From SunAmerica Asset Management Corp.

The answer depends, of course, on your individual situation. 

For example, individuals who are changing jobs may want to roll their 401(k) assets to their new employer’s plan, in order to keep their assets growing tax-deferred. Others may want to move their assets to an IRA to take advantage of investment, income or estate planning opportunities.  

Consider an IRA for greater investment control and income flexibility

If you’re changing jobs or retiring, you may want to consider rolling the assets from your 401(k) or other employer-sponsored plan into a Traditional IRA. Traditional IRAs offer the potential for continued tax-deferred growth and:

  • A broad range of investment options, many of which you won’t find in your typical 401(k) or other employer-sponsored plan
  • Income flexibility and stretch capabilities that can help you provide income for multiple generations.
  • The opportunity to consolidate retirement assets for greater convenience and control

 

Before you make a rollover decision, it may be beneficial to discuss your needs and goals with your financial and tax advisors. They can help you decide which option is best fits your individual situation.