401(k), IRA Rollovers, & Conversions
Guidance for your 401(k) & IRA rollovers.
Should you leave your money where it is, take the money and run, transfer it into another plan, or roll it over into an IRA? Whatever you choose has far-reaching implications for your retirement.
We can help plan and execute the best option for you, allowing your money to potentially grow tax-deferred while providing you with more customizable investment options.
- Talent: Highly-trained staff
- Tools: Assistance with account transition
- Time: Process complete in timely manner
Roth Conversions: Your Next Move?
Converting a traditional IRA to a Roth IRA can provide tax-free growth potential and tax-free withdrawals in retirement. But it’s important to make sure a Roth conversion is right for you.
Many retirees convert their traditional IRA — subject to income taxes on all earnings and deductible contributions — and then discover they would have been better off if they hadn’t converted. At New Perspective Financial Solutions, our professionals walk you through it to make sure a Roth conversion is right for you.
Please remember that converting an employer plan account to a Roth IRA is a taxable event. Increased taxable income from the Roth IRA conversion may have several consequences. Be sure to consult with a qualified tax advisor before making any decisions regarding your IRA.
IRA & 401(k) Rollovers in Maryland
To talk to one of our licensed advisors about 401(k) and IRA rollovers, fill out the form below and someone will reach out to you.
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