Many Americans Abandon Assets in Old 401(k)s
Published on February 17, 2011
Don’t be one of them! And, if you are, make plans now to get these funds into an IRA. You will typically have more options for investments and lower fees. If you choose a self-directed IRA administrator you will also have total control over your investments.
A recent survey done by Harris Interactive showed that 30% of respondents said they failed to rollover those retirement assets because they are unsure about the rollover process. And that’s not all – 24% of those with old 401(k)s have between $10,000 and $49,999 in those accounts, and those closest to retirement (ages 55 and older) are leaving the largest amounts of money in these old plans – 29% with $50,000 or more!
Let us show you how simple it is to roll over these funds into a self-directed IRA. Please follow this link for more information on this simple process.