If your 401(k), 403(b), or 457 is still at a former employer, you might want to review the options for your old retirement plan: Roll it, leave it, cash it, or move it. Our specialized, dedicated Wells Fargo Rapid RolloverSM Team can help you understand the benefits and drawbacks of each option and decide which is right for you.
A complimentary rollover consultation can offer you the following benefits:
- Complimentary convenience — Our hands-on team can help you understand your options and will help you navigate any next steps.
- Financial experience — As one of the nation's largest IRA providers, Wells Fargo has been helping people successfully plan for retirement for over 160 years. Let us help you put our experience to work for your future.
- Expedited process — If you decide a rollover is right for you, the Wells Fargo Rapid RolloverSM Team can help you expedite the process, allowing potentially faster access to your funds. Additionally, you’ll gain access to a wide range of investment options such as stocks, bonds, mutual funds, ETFs, and CDs.
Request a Rollover Consultation Or call 1-866-588-9607
Please keep in mind that rolling over assets to an IRA is just one of multiple options for your retirement plan. Each of the following options is different and may have distinct advantages and disadvantages:
a) Roll assets to an IRA
b) Leave assets in your former employer's plan, if plan allows
c) Move assets to your new/existing employer's plan, if plan allows
d) Cash out or take a lump-sum distribution
When considering rolling over assets from an employer plan to an IRA, factors that should be considered and compared between the employer plan and the IRA include fees and expenses, services offered, investment options, when penalty free withdrawals are available, treatment of employer stock, when required minimum distribution begins, and protection of assets from creditors and bankruptcy. Investing and maintaining assets in an IRA will generally involve higher costs than those associated with employer-sponsored retirement plans. You should consult with the plan administrator and a professional tax advisor before making any decisions regarding your retirement assets.