Rollover Services: Simplify and Maximize Your Retirement Savings
Changing jobs or retiring can leave you wondering what to do with your retirement savings. At FRG, we help you navigate your options to ensure your money continues to work toward your financial goals. When you leave an employer, you have four main choices for your retirement assets:
- Do Nothing: Keep your money in your former employer’s plan (if permitted).
- This may be convenient, but limited investment options and management restrictions might not align with your goals.
- Roll Over to a New Employer Plan: Transfer your assets into your new employer's retirement plan (if allowed).
- This can streamline management and consolidate your accounts, but you should evaluate the plan's features and fees.
- Cash Out the Account Value: Withdraw your funds entirely.
- This option provides immediate access to your money but can result in significant tax penalties and reduce your long-term savings potential.
- Rollover to an IRA: Transfer your assets into an Individual Retirement Account (IRA).
This option often provides the most flexibility in investment choices, control over your funds, and potential tax advantages.
Why Choose a Rollover IRA?
Rolling your assets into an IRA offers numerous benefits:
- Investment Flexibility: Access to a wider range of investment options compared to employer-sponsored plans.
- Tax-Deferred Growth: Continue growing your retirement savings tax-deferred.
- Simplified Management: Consolidate multiple accounts for easier tracking and management.
How FRG Can Help
Our team of experienced advisors will:
- Evaluate your current retirement accounts.
- Help you compare your rollover options.
- Provide personalized recommendations based on your financial goals, risk tolerance, and timeline.
- Guide you through the rollover process, ensuring a seamless transition.
Take Control of Your Retirement Today
Don’t leave your retirement savings behind. Contact FRG to discuss your rollover options and make a plan that supports your long-term financial success.
See How Fast Your Money Can Add Up
Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment, tax, or legal advice. We cannot and do not guarantee their applicability or accuracy in regard to your invidual circumstances. All examples are hypothertical and are for illustrative purposes. We encourage you to seek personalized advice from qualified a professional regarding all personal issues.
Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Boston Firefighters Credit Union (BFCU) and Frist Responders Group (FRG) are not registered as a broker-dealer or investment advisor. Registered representatives of LPL offer products and services using FRG, and may also be employees of BFCU. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of BFCU or FRG Securities and insurance offered through LPL or its affiliates are:
| Not Insured by NCUA or Any Other Government Agency | Not Credit Union Guaranteed | Not Credit Union Deposits or Obligations | May Lose Value |
The LPL Financial registered representative(s) associated with this website may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state.
Boston Firefighters Credit Union (BFCU) provides referrals to financial professionals of LPL Financial LLC (LPL) pursuant to an agreement that allows LPL to pay for these referrals. This creates an incentive for First Responders Credit Union to make these referrals resulting in a conflict of interest. BFCU is not a current client of LPL for advisory services. Please visit https://www.lpl.com/disclosures/is-lpl-relationship-disclosure.html for more detailed information.
