NEW JOB?  OLD 401(k)?   
Freedom One Can Help!

When changing employers, you have many decisions to make.  One of the most important decisions is what to do with the assets you have 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 complimentary service that allows you to review your financial situation with a specially trained Retirement Consultant who will help you determine which strategy will be most successful.  Choosing the correct strategy can be very complicated, therefore, it is important to meet with your Freedom One Retirement Consultant before making any decisions.  Here are the strategies to be considered:

• Roll assets directly into a Freedom One IRA
• Move assets into your new employer's 401(k) plan
• Leave assets in your former employer's 401(k) plan
• Take a cash distribution, pay taxes, and potentially a 10% penalty

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.

ROLL It - roll your money directly into a Freedom One IRA 

Advantages:

• Retirement savings continues to grow tax-deferred
• Wide range of investment choices
• Easy to monitor and allocate retirement assets
• Penalty–free withdrawals if under age 59½, for first home purchase and for college education expenses. Taxes may still apply
•  Flexible beneficiary designations ensure your savings are passed on according to your wishes

Potential Disadvantages: 

• Generally, no penalty-free withdrawal options before age 59½
• No loans

MOVE IT - move your assets to your new employer's plan

Advantages:

• Your retirement savings continues to grow tax-deferred
• Your retirement plans are consolidated into one account administered by your new employer
• You may be able to take loans (if plan allows)

Potential Disadvantages:

• Limited investment options
• Assets are subject to the provisions of the new plan
• Inflexible distribution options: you may not be able to withdraw your assets until you leave employment

It’s easy!  Your dedicated Retirement Consultant will help you determine: