Retirement Asset Education Center

There are many factors to consider before transferring retirement assets from either a qualified retirement plan (“plan” or “QRP”) to an Individual Retirement Account (IRA) and even from IRAs between firms. Before moving retirement assets, be sure you know your options and understand the details of your existing QRP or IRA. Most often, total expenses of an IRA with a financial professional will be higher than QRP costs. It is a good idea to discuss such movements with your tax professional before acting as most rollover decisions are irrevocable.

Below are common reasons investors make a change:

• I do not want my investments connected to my previous employer.
• I want the option to make trading decisions.
• I want financial planning services, including a comprehensive review of my financial situation.
• My financial situation has become more complex and I would like help from a Financial Professional to provide advice on an as needed basis.
• I want investment advice tailored to my investment objectives and risk tolerance.
• I want consolidated reporting of my accounts and portfolio holdings.
• I would like my investments to be monitored and managed for me on a discretionary basis.
• I would like the flexibility of more investment options and not be limited to what my plan or IRA offers.
• I need an Income Focused Portfolio (e.g. more diverse income generating choices)
• I am interested in Retirement Planning including distribution planning and advice.
• I would like broader options for investment choices.
• I would like access to ongoing Education on markets and investments.
• I need help in balancing three basic concerns – risk, potential return, and income.
• I am looking for access to alternative strategies.
• I need help with Social Security Planning
• I have an interest in intergenerational wealth management
• I need assistance with asset allocation.
• Lack of knowledge, time or interest to invest on my own.

Before moving retirement assets, ensure you have thought through the above important considerations and read the following guides: 

• Learn about your retirement plan distribution options.
• Compare Your IRA Choices by downloading this factsheet.
• Read these key considerations regarding plan distributions.

This information is intended to be educational in nature and is not tailored to the investment needs of any specific investor.  As always, before making any decisions about your retirement assets you should consult with your personal tax advisor. XML Financial Group and XML Securities (together “XML”) do not provide legal or tax advice. Tax laws and regulations applicable to these topics are complex and subject to change, which can materially impact investor options and investment results. Therefore , no guarantee can be made that the information herein is accurate, complete, or timely. XML makes no warranties with regard to such information or results obtained by its use, and disclaims any liability arising out of your use of, or any tax position taken in reliance on, such information.  Be sure to consider all your available options and the applicable fees and features before moving your retirement assets.

This communication is for informational purposes only. No content or reference to a third-party article is intended to be a recommendation for the sale or investment in any product, strategy or service nor should it be perceived as individual advice. This commentary does not necessarily reflect the opinions of all employees or XML Financial Group and its affiliates (“XML”).  XML is not responsible for any actions taken related to this information.