THE AVERAGE U.S. WORKER NOW CHANGES EMPLOYERS EVERY FOUR YEARS. 
U.S. Department of Labor, 2000

Of course, leaving or changing a job brings with it a host of important financial decisions.  Freedom One will help you get organized, develop an action plan, and start working through your “to do” list. 

One of the most important decisions facing you is what to do with the assets accumulated in your company's 401(k) retirement plan. There are numerous choices; deciding which one is right for you will be determined by several factors. Freedom One offers a FREE service that allows you to review your situation with a Retirement Consultant to help you determine which strategy will be most successful. 

Choosing the correct strategy can be very complicated; it is important to meet with your Retirement Consultant before making any decisions.  Here are the strategies to be considered: 

• Roll your assets directly into an Individual Retirement Account (IRA)

• Leave your assets in your former employer's 401(k) plan

• Take a cash distribution, pay taxes and potentially a 10% penalty

• Move assets into your new employer’s 401(k) plan

Completing a direct rollover is usually the best choice for those interested in a successful retirement. It allows your assets to continue to grow while providing maximum control over your asset allocation. Your Retirement Consultant will serve as a valuable guide to help you with this decision.

YOUR NEXT STEP
Call your Freedom One Retirement Consultant TODAY to schedule an appointment.  It's extremely important to choose your direction promptly. Certain distribution options may only be available to you for a limited time, and delays in transferring your retirement assets can be costly. Yet, at the same time, you should carefully consider all your options. 

Each company has its own set of rules regarding departing employees and their 401(k) plans.  If you are confused about which 401(k) option might be best for you, Freedom One can help.  We will work with you to help develop a plan that best suits your own particular circumstances and financial objectives.  Please contact a Freedom One Retirement Consultant at 248-620-8100 or visit FreedomOneFinancial.com.