When changing jobs, one of the options you may have with your 401(k) is to roll it over into an IRA. Talk with your financial professional because a rollover can offer benefits like:

More investment choices – Employer plans tend to offer limited options.

Communications – When you leave your 401(k) with your former employer, you may miss communications and updates about the plan.

Potentially Lower fees – Learn what the management and administrative fees for your 401(k) plan are versus an IRA.

Reach out to explore your options.

Before deciding whether to retain assets in an employer sponsored plan or roll over to an IRA an investor should consider various factors including, but not limited to: investment options, fees and expenses, services, withdrawal penalties, protection from creditors and legal judgments, required minimum distributions and possession of employer stock.