401(k) Rollovers

You have several choices when you retire or change jobs. You can move your assets into an IRA, roll your assets toa plan with your current employer, keep your assets in yourformer employer's plan, or take your distribution in cash (withdrawal penalties may apply).  At  The Partners Group, we believe that simplifying your financesis an important part of a sound financial strategy. By bringing your old 401(k)s and IRAs together, you may be able to manage your retirement savings more efficiently.

 How to decide if a Rollover is right for you 

 Use the chart below to determine if consolidating your retirement savings into an IRAor 401(k)    makes sense, in light of your specific needs and situation. Or, call 303-300-4319 for a              complimentary Retirement Review and get help understanding your options. We'll help you  determine what may be appropriate for you, and give you the guidance you need to take the first  steps.

Consolidate in an IRA if you want:
  • A more complete view of your financial picture, making it easier to maintain appropriate asset allocation
  • Freedom from restrictions that may be present in your workplace savings plan
  • Access to a full range of mutual funds, stocks, bonds, CDs, and other investments*
  • The ability to withdraw penalty-free for a first-time home purchase or qualified education expenses
  • The opportunity to convert to a Roth IRA for some or all of your savings, regardless of income
Consolidate in a workplace savings plan (e.g., 401(k) plan) with your current employer if you:
  • Need additional asset protection from creditors
  • Will need to take a loan from this plan (if allowed by your employer)
  • Are over age 70½ and want to defer your required distributions
  • Invest in specially-priced or custom investment options or use managed money services in your plan (and the benefits of these options outweigh those of an IRA)*
Leave your assets in your former employer's plan if you:
  • Stopped working for that employer by at least age 55 and are not yet 59½, need to withdraw funds for an immediate need, and don't want to incur an early withdrawal penalty
  • Take advantage of specially-priced or custom investment options or managed money services in your plan (and the benefits of these options outweigh those of an IRA)