"Consider a Rollover IRA" Would you rather run your own show? Lots of people prefer to set up a Rollover IRA to accept employer-sponsored funds. It’s your own account, held at a bank, an insurance company, or brokerage. You pick the investments and make all your own decisions or you may ask for professional help. Best of all, your funds are still income-tax-deferred. If you are ready to roll, we can help.

The Ins and Outs of Rollover IRAs

You can roll over any amount of qualified tax-deferred savings.

• If you transfer funds directly to a Rollover IRA (rather than receiving them in your own name) you pay no income tax or penalties at time of transfer.
• You choose how your money is invested. You can opt for anything except gems, non-US coins, fine art, or collectibles.
• You are free to change your investment choices any time.
• In future years, you may be able to make additional contributions to your IRA depending on income limits and whether you are actively participating in a plan.
• You must wait until 59 1/2 (except in certain circumstances) to draw income. You must begin drawing income by age 70 1/2.