A common question is whether or not to roll over one’s 401(k) accounts from previous jobs. We recommend our clients roll them over1 into an IRA. Not only can it help improve your financial outlook, but it makes financial planning easier to understand and put into practice.
When you sit down with a Sandy Spring Trust advisor, you'll receive personalized guidance and a tailored strategy to help create the future you want. Our advisors make rolling over a 401(k) easy and their experience takes the stress out of deciding how to best put your money to work.
If you have 401(k) accounts providing a minimal return after inflation, isn’t it time to find an investment vehicle that may boost those funds and help make your dream retirement a reality?
Ready to get started? Call us today, 800.770.5417 or book an appointment.
1A roll over of retirement plan assets to an IRA is not your only option. Carefully consider all of your available options, which may include but not be limited to keeping your assets in your former employer's plan, rolling over assets to a new employer's plan, or taking a cash distribution (taxes and possible withdrawal penalties may apply). Prior to a decision, be sure to understand the benefits and limitations of your available options and consider factors such as differences in investment-related expenses, plan or account fees, available investment options, distribution options, legal and creditor protections, the availability of loan provisions, tax treatment, and other concerns specific to your individual circumstances.
When we make recommendations regarding your retirement plan account or individual retirement account, we are fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act (ERISA) and/or Section 4975 of the Internal Revenue Code, as applicable.
Wealth and Investment products Not FDIC Insured | No Bank Guarantee | Not a Bank Deposit | Not Insured by Any Government Agency | May Lose Value.
This material is provided solely for educational purposes by Sandy Spring Bank, and is not intended to constitute tax, legal or accounting advice, or a recommendation for any investment strategy or transaction. You should consult your own legal, accounting, tax advisers, and/or portfolio manager regarding your specific situation and needs. Our staff will work closely with your advisers to coordinate your overall plan.
Sandy Spring Trust is a division of Sandy Spring Bank, Member FDIC.