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Old 401(k)s

With your retirement assets, out of sight should NOT be out of mind! You need to consolidate all of those old 401ks!!

Lets face it, most everyone has at least a couple 401k sitting in a retirement plan with previous employers. The only time you think of it is twice a year when you get the statement. But that report sits unopened, over in a corner of your house with other marketing mail that will be shredded and never thought of again...until 6 months later. You keep promising you will look at it and possibly reallocate it, but life gets in the way and that does not happen.

A plan participant leaving an employer typically has four options (and may engage in a combination of these options), each choice offering advantages and disadvantages.  

  • Leave the money in your former employer's plan, if permitted
  • Roll over the assets to yoru new employer's plan, if one is available and rollovers are permitted;
  • Roll over to an IRA
  • Cash out the account value

What are you waiting for? Let us help you consolidate all of your old 401(k)s and get them working for you!

Let Clipper Wealth Management be your proactive advocate and let us start managing it for you. No longer will it be something that is a burden to you, but with our help it will be what it should be, an integral part of your retirement plan.

Call us today at 210-491- 2319