NEW YORK (OCN) — Would you leave your favorite jacket at your old job? Of course not. So why leave your retirement money in an old 401(k)? Roll it over into an Individual Retirement Account (IRA) and save.
Why roll over a 401(k)?
401(k) plans can have a pretty limited menu of investments, plus charges and annual fees that eat away at your nest egg. When you’re earning an employer match, those drawbacks are no big deal. But once you’re off to a new job, don’t leave that 401(k) behind.
Advantages: Rollover IRA
Tailor your investing strategy. More investment choices (and tools to screen them) help you chart a clear path to retirement. And with no annual fees or maintenance charges, more of your money is working for you.
First step? Open a no-fee rollover IRA online. There’s no opening deposit required, so you can get that done right now in under 10 minutes. Then you’re ready to roll over that 401(k) ? or two or three. Need help? Call ING Direct’s Retirement Specialists: 877-464-0292.