Roll Over 401(k) :: MEMBERS Financial Services :: Investment/Insurance

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Roll Over 401(k)

If you’re changing jobs or retiring, you’re in the midst of an enormous change. You should seriously be considering what to do with your money in your employer’s pension plan, 401(k), 403(b)/TSA or 457 plan. After all, it’s probably one of your biggest assets. The wrong move could cost you thousands and greatly affect the quality of your retirement years.

Generally, there are four options for your retirement plan:

Leave it in your former employer plan.
Transfer it to your new employer plan.
Roll it over to a traditional IRA.
Cash out and pay taxes and possibly penalties

Each decision has pros and cons. Let a MEMBERS Financial Services representative assist you in making the decision that's right for you.

MEMFS professionals are located inside Ascend’s financial centers. To make an appointment, simply call toll-free 800-342-3086, extension 1307 or 7388.

You can also access a wealth of information from MEMFS by clicking here.

Representatives are registered, securities are sold, and investment advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC, a registered broker/dealer and investment advisor, 2000 Heritage Way, Waverly, Iowa 50677, toll-free (866) 512-6109. Nondeposit investment and insurance products are not federally insured, involve investment risk, may lose value and are not obligations of or guaranteed by the financial institution. CBSI is under contract with the financial institution, through the financial services program, to make securities available to members. CBSI is a registered broker/dealer in all fifty states of the United States of America.

FR101014-AD86