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 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.
• My financial situation has become more complex. I would like help from a Financial Professional on an as needed basis to help with various financial and estate planning decisions.
• 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 current firm offers.
• I am interested in Retirement Planning including distribution planning and advice.
• I need help in balancing three basic concerns – risk, potential return, and income.
• I am looking for access to alternative strategies.
• I have an interest in intergenerational wealth management.
• I don't have the knowledge, time or interest to make investment and retirement account decisions on my own. 

Before moving retirement account funds, and possibly rolling those over to another retirement account, it is recommended that you read materials provided by your plan sponsor of a QRP and refer to the following guides: 

• Learn about your retirement plan distribution options (Downloadable brochure).
• Read four pitfalls to avoid when rolling over a 401(k) to an IRA.    
• IRS FACTS: Rollovers of retirement plan and IRA 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.