Partner Announcement What To Do With Your 401K

Partner Announcement What To Do With Your 401K Last year I wrote an article about having a master 401k account. Its based on the idea that youll change jobs (employers) nine times before you retire, and I thought it was quite ingenious So heres the basic idea: You get a job and begin to invest in the 401k program. The company matches a certain amount and if you are lucky there is no vesting period (which means that you own the amount the employer contribute from day one). Two years later you change to a new employer what happens with your 401k? Your new employer will likely encourage you to roll your last 401k over, and keep it all in one place. Theyll probably have different policies, perhaps there is a two year vesting period. The policies and fees will most likely be different than the one before, and if you care then youll get to read through a bunch of legal documents to see how your retirement money will be handled. For the average worker, repeat this seven more times. Sound fun? Not to me. So my article, which is in the JibberJobber library (just login and click on Library, Articles), talks about having a personal master 401k account. The idea is simple, and its all based on taking ownership of your career (in this case, your retirement). Find a service provider that you trust that will help you take your 401k account(s) and roll them all into one master account. This is completely independent of any employer account. Each time you change employers you dont have to worry about rolling the 401k into the new employers outsourced service provider you just roll it into your own master 401k account. I still strongly recommend taking advantage of a company 401k account, especially where the employer matches the contribution!! Dont miss out one a 100% return on investment! But managing all of these accounts blah! What if you could just fill out a simple form and your 401k will be rolled over into a personal master account? Actually, you can. Ive partnered with Rollover Express (an Invested Interests company) and personally went through this process last year. When you go to RolloverExpress.com and fill out the form, youll be contacted by a specialist in rollovers the process is simple, painless and quick. And the customer experience I got was awesome. I wanted to go through the process and work with them for a while before I promoted them, or partnered with them, but now I feel very confident in recommending their services. Now Im no expert in finances, but this seems to be a very smart move in managing your retirement money. If you have any retirement accounts just laying around (from previous employers), go sign up at RolloverExpress and begin the process to create your master 401k account. Make sure you tell them you came from JibberJobber! Ill blog later on some specifics in a process like this, but there is NO COST to you to do this. There are plenty of financial advisors that will charge you to fill out the paperwork and submit it this is a no-cost transaction for you. And it was a no-brainer for me. What are you waiting for? Go sign up now its just a contact us form, and theyll get back with you to get more information. Be sure to let me know how it goes. Partner Announcement What To Do With Your 401K Last year I wrote an article about having a master 401k account. Its based on the idea that youll change jobs (employers) nine times before you retire, and I thought it was quite ingenious So heres the basic idea: You get a job and begin to invest in the 401k program. The company matches a certain amount and if you are lucky there is no vesting period (which means that you own the amount the employer contribute from day one). Two years later you change to a new employer what happens with your 401k? Your new employer will likely encourage you to roll your last 401k over, and keep it all in one place. Theyll probably have different policies, perhaps there is a two year vesting period. The policies and fees will most likely be different than the one before, and if you care then youll get to read through a bunch of legal documents to see how your retirement money will be handled. For the average worker, repeat this seven more times. Sound fun? Not to me. So my article, which is in the JibberJobber library (just login and click on Library, Articles), talks about having a personal master 401k account. The idea is simple, and its all based on taking ownership of your career (in this case, your retirement). Find a service provider that you trust that will help you take your 401k account(s) and roll them all into one master account. This is completely independent of any employer account. Each time you change employers you dont have to worry about rolling the 401k into the new employers outsourced service provider you just roll it into your own master 401k account. I still strongly recommend taking advantage of a company 401k account, especially where the employer matches the contribution!! Dont miss out one a 100% return on investment! But managing all of these accounts blah! What if you could just fill out a simple form and your 401k will be rolled over into a personal master account? Actually, you can. Ive partnered with Rollover Express (an Invested Interests company) and personally went through this process last year. When you go to RolloverExpress.com and fill out the form, youll be contacted by a specialist in rollovers the process is simple, painless and quick. And the customer experience I got was awesome. I wanted to go through the process and work with them for a while before I promoted them, or partnered with them, but now I feel very confident in recommending their services. Now Im no expert in finances, but this seems to be a very smart move in managing your retirement money. If you have any retirement accounts just laying around (from previous employers), go sign up at RolloverExpress and begin the process to create your master 401k account. Make sure you tell them you came from JibberJobber! Ill blog later on some specifics in a process like this, but there is NO COST to you to do this. There are plenty of financial advisors that will charge you to fill out the paperwork and submit it this is a no-cost transaction for you. And it was a no-brainer for me. What are you waiting for? Go sign up now its just a contact us form, and theyll get back with you to get more information. Be sure to let me know how it goes.