Rollovers - 401k,403b,IRA,Pension Cash out → IRA

Show Notes: https://cardinalguide.com/wp-content/...

In this video, we discuss the importance of correctly handling your 401k, 403b, IRA, or pension plan funds' rollover or transfer to a cash-out option, now widely offered by employers at retirement. Tom and I highlight potential tax pitfalls, the significance of custodial transfers, and we provide guidance on setting up an IRA account under professional management. We also explore the advantages of rolling over to an IRA, including diverse investment options, prompt market response, and improved tax planning, along with situations where retaining a 401k may be advantageous.This episode aims to guide your retirement funds' decision-making process, emphasizing problem prevention over solution.

Questions? Email us at [email protected], call us at (919) 535-8261, or visit our website at https://cardinalguide.com/


H E Scheil & Associates doing business as Cardinal Advisors holds an insurance license in all 50 states and DC. Listed below is the license # in each individual state. Alabama 675461, Alaska 100118081, Arizona 1800012348, Arkansas 100104794, California 0K32569, Colorado 464622, Connecticut 2463129, Delaware 1119857, DC 2887040, Florida L087124, Georgia 159539, Hawaii 445296, Idaho 507076, Illinois 100333675, Indiana 721739, Iowa. 1002056691, Kansas. 272705345, Kentucky 738674, Louisiana 614407, Maine AGN249408, Maryland 100048542, Massachusetts 2006645, Michigan 0104206, Minnesota 40411912, Mississippi 15016382, Missouri 8325733, Montana 100126008, Nebraska 100224332, Nevada 1007341, New Hampshire 2315847, New Jersey 1557889, New Mexico 1800010640, New York 1382342, North Carolina 1000092550, North Dakota 2000136230, Ohio 1028975, Oklahoma 100190853, Oregon 100237062, Pennsylvania 589318, Rhode Island 2309277, South Carolina 1907911784, South Dakota 10017719, Tennessee 2252224, Texas 1963111, Utah 513447, Vermont 1038574, Virginia 129027, Washington 864498, West Virginia 100107166, Wisconsin 100192273, Wyoming 275179