Rollover IRA: Should you do it if your old account is performing well?

What should you do with an old 401k that you’re still holding onto from an previous employer? Does that answer change when the market is performing well and your account is generating strong returns? 

Let’s take a closer look at the rollover IRA and whether it’s something that you should be doing with your old 401k accounts. The primary reason someone uses a rollover is to gain more flexibility and control over that money so let’s talk about how the current investing environment impacts that decision. We’ll share our approach with clients when we’re helping them manage their portfolio and help you get a better idea of whether a rollover is a strategy you should utilize.

 

Here’s what we discuss in this episode:

0:00 – Intro and today’s question

1:12 – The reason to rollover your money

4:18 – The investment options

5:44 – Tax considerations

7:40 – Can you do this on your own?

 

Connect with us:

Web: https://rosewoodwealthmanagement.com/

Phone: 919-391-3446