When you change employers or retire, you typically have options:
- Leave your 401K balance with your previous employer (plan permitting).
- Roll over your 401K balance (
tax free) to an individual retirement account (IRA).
- Transfer your 401K balance to your new employer (plan permitting).
- Liquidate all or a portion of your 401K, take the cash and pay income taxes on the distribution (10% penalty tax is imposed if you are under 59 ½ years old).
Note: If you own company stock in your 401K at retirement you may qualify for special tax treatment (Net Unrealized Appreciation).
To make informed decisions, we recommend evaluating investment choices and all plan fees and expenses. It is also strongly recommended that you involve other trusted advisors in the
This material is for informational purposes only and does not constitute a direct offer to buy or sell any investment. Because investors situations and objectives vary this information is not intended to indicate suitability for any particular investor. This material is not to be interpreted as tax or legal advice. Please speak with your own tax and legal advisors for advice/guidance regarding your particular situation. There are risks associated with investing in real estate and Delaware Statutory Trust (DST) properties including, but not limited to, loss of entire investment principal, declining market values, tenant vacancies
Investing in alternative assets involves higher risks than traditional investments and is suitable only for sophisticated investors. Alternative investments are often sold by prospectus that discloses all risks, fees, and expenses. They are not tax efficient and an investor should consult with his/her tax advisor prior to investing. Alternative investments have higher fees than traditional investments and they may also be highly leveraged and engage in speculative investment techniques, which can magnify the potential for investment loss or gain and should not be deemed a complete investment program. The value of the investment may fall as well as rise and investors may get back less than they invested.