Once you retire, change jobs or simply leave your current place
of employment, it is recommended that you roll your employer-sponsored plan
into a self-directed IRA. So, if you have a now-inactive 401k, 403b, 457 or
other retirement account that your employer sponsored, it is time to find a
rollover provider to act as the custodian of that account.
401k rollover providers, also known as IRA custodians or IRA
providers, are easy to find. Their commercials are in newspapers, online, on
television and many of us pass their local brokers’ offices on a regular basis.
Selecting a custodian for your retirement account, however, is not like
choosing between the McDonald’s on Main Street or the Burger King on Poplar
Ave. Careful thought, consideration and planning need to go into choosing the
right IRA custodian for you.
Recommended to Read: Self-Employed 401k Rollover Options
Recommended to Read: Self-Employed 401k Rollover Options
When doing your homework, consider the following factors for
each custodian:
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annual fees
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transaction fees
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liquidation fees
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account closure fees
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location in relation to you
●
customer service reputation
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pending or recent legal issues
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investments offered
●
broker accessibility
Other factors must be taken into consideration too, and
depending on your circumstances some factors may carry more weight than others.
Regardless of your personal preferences, reputation is of the utmost importance
and you can verify a provider’s reputation by considering online reviews as
well as knowing the length of time the company has been in business.
401k vs. IRA
Having to do research and homework are not tasks most people
enjoy, so 401kRollover.com has made it easy to find an IRA provider that meets
your needs. Our database contains thousands of brokers and companies that want
your business. Locate providers by city, state, zip code and rating. If you
want to make things really easy, just call us directly at (800) 767-1423 and let an unbiased, non-commissioned 401k rollover
adviser help you. Visit 401k Rollover today and see how easy
and empowering it is to flex your financial muscle with a 401k rollover to a
self-directed IRA.
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