The Benefit of Having all Your Savings In One Retirement Plan

Publisher: Benefits Square

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The Benefit of Having all Your Savings In One Retirement Plan

When you're looking for ways to make the most of your retirement savings, consider rolling over eligible retirement plan accounts from previous employers into your current retirement plan account. Consider account consolidation today. Consolidating your retirement plan accounts is a great step you can take to give yourself more control over your retirement savings and make account management easier. Please keep in mind that consolidation may restrict your funding investment choices. Also, if a rollover is indirect, all IRS rules must be properly followed to avoid tax consequences.