Retirement Planning Solutions
No one wants to struggle with having enough adequate income when they are considering building their retirement income. What happens with your 401k, 403b, or IRA when you're about to lose your job with your current employer? Can you bring the money with you to the new job? How can you move your funds without having to pay the taxes or get hit with penalty fees? Move My Benefits has great answers to these questions and even better solutions for you to consider!
Option #1 (not ideal)
Many employers have clauses that state that your IRA stays under their management when you lose your job. Here are some problems with that:
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You're charged a 10-20% fee just to acces your money.
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The government also makes you pay taxes on the money that your access.
Leaving your retirement funds with your old employer can also lead to a potential mismanagement of funds and removes you from controlling how your portfolio grows.
Option #2 (better option)
Speak with an agent representative at Move My Benefits!
Some solutions may include:
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Explore the options of having your own personal private IRA & convert it into a lifetime income personal pension plan!
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Or, you can invest your IRA/401k into a cash-flowing real estate option without paying taxes or penalties!
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In certain circumstances, you may be able to turn a one time investment into an annual tax-free retirement fund that'll pay you for the rest of your life!
Click the button below and fill out the form on the following page so that one of our consultants can further assist you.