Is Your Retirement Plan Tax-Infested?

Many Americans with qualified plans such as 401(k)s and IRAs make the mistake of not understanding rollover regulations. Why is this a big deal? Because not knowing the rules and not really understanding your options can lead to unintended tax consequences that chip away at your retirement funds.

Even if you currently have a “tax-infested” plan, you may still have time to change that into tax-deferred funds for retirement. Plan administrators typically aren’t permitted to offer you advice when it comes to doing a rollover when you leave a job or retire, they may only tell you what options are available to you. So, what should you do?

Your personal retirement distribution specialist and CPA can explain the strategies that may be available to you as well as potential tax consequences of things like taking a lump-sum distribution versus the benefits of rolling those funds into another qualified plan upon retirement or separation of service.

There is no need to risk a tax-infestation…qualified retirement distribution professionals and accountants who specialize in retirement distribution planning all offer a FREE analysis so take advantage of this helpful and complimentary service!

 

 

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CRDS AND ROTH CONVERSIONS – ABUSE OF THE RULES?

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Rolling Over an RMD

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