Why rolling over your 401(k) to an IRA is a good choice
When you leave a job, you don’t have to leave your employer-sponsored 401(k) retirement plan behind. For most people rolling over a 401(k) into an IRA is a great option. When you roll over to an IRA, you can maintain tax-advantaged status of your retirement savings when you follow the IRA rules.
Save money for retirement
Withdrawals are penalty-free once IRA owner reaches 59 1/2
Cut your tax bill
Maintain tax-deferred status of your retirement savings
Deposit products held in IRAs offer:
Guaranteed return on principal with automatic renewal at maturity; Federally insured up to $250,000
Frequently Asked Questions
We want to help you with your Rollover IRA. Schedule a complimentary meeting with any of our experienced CUSO Financial Services, L.P. ("CFS") financial advisors. We’ll talk with you about your goals and interests, find out where you are financially, and get you started on a path that works for you.
To learn more, watch this video from Jane Krueger, CFP, Financial Advisor, CUSO Financial Services, L.P. at Patelco Credit Union.
1 Consult tax advisor about IRA tax advantages.
2 Non-deposit investment products and services are offered through CUSO Financial Services, L.P. ("CFS"), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. Patelco Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.
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