What are the long-term impacts of keeping your 401(k) with a former employer versus rolling it over to an IRA or a new employer’s plan? How can the benefits of IRA rollovers and Roth conversions influence your decision for penalty-free withdrawals?

Josh Leonard explores the advantages and disadvantages of maintaining the 401(k) with a past employer, transitioning it into an IRA, or moving it to the retirement plan of a new employer.  He highlights the importance of comprehending the regulations, costs, and tax consequences associated with each plan. 

Josh discusses: 

• What are the options for handling a 401(k) with a previous employer
•  When is it appropriate to roll over a 401(k) to an IRA
• How do automatic savings and employer matching contributions benefit 401(k) participants
• What are the potential tax implications and benefits of converting a traditional 401(k) or IRA to a Roth IRA
• And more

Resources:

• Schedule a meeting with the team

Connect with Josh Leonard: 

• jleonard@leonardadvisorygroup.com
• LinkedIn: Josh Leonard
• Leonard Advisory Group
• 412-998-PLAN
• YouTube: Leonard Advisory Group
• Facebook: Leonard Advisory Group

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