The case for skipping the 401(k)-to-IRA rollover

July 9, 2015 by Robert Bloink and William H. Byrnes

Few options may seem to exist when determining what to do with the funds a client has accumulated in an employer-sponsored 401(k) upon changing employers — and the most likely course of action is to roll those funds into an IRA. While this strategy may be advisable in some cases, and can certainly serve to consolidate the client’s accounts to simplify management, there are important scenarios in which an IRA rollover is not the best move. In fact, in some instances rolling 401(k) funds into an IRA can actually present serious tax and non-tax disadvantages. Click here to read…

Originally Posted at LifeHealthPro on July 07, 2015 by Robert Bloink and William H. Byrnes.