Legacy Planning for Missouri Residents in 2024
Key Takeaway: A Living Will is a legal document that instructs a judge how to distribute assets and property to your heirs. Meaning, a Will has to be reviewed through the probate process. A [...]
For your financial confidence
What should you do with your 401(k) after switching or leaving a job? Should you cash out? Move the money into your new employer’s retirement plan? Rollover into a new or existing Traditional or Roth IRA? Your Resource Center financial professional in Branson or Springfield, MO will help you sort through all of your retirement investment options for making the most of what you’ve earned. After a thorough assessment of your current situation, your needs, and your long-term financial goals, we’ll implement the 401k rollover plan that works best for you. If you choose to cash out your 401(k), we’ll help you understand the 401(k) withdrawal requirements to potentially avoid any unnecessary tax penalties.
This is a simple option, but, when cashing out a 401(k), you may have to pay a large sum in penalty fees and taxes.
If your new employer has a 401(k) plan, you may be able to transfer your existing assets.
The Resource Center can help you rollover your 401(k) into a new or existing traditional or Roth IRA.
Find the most appropriate 401(k) rollover plan for you
Let us help you choose.