If you are changing employers and considering your retirement investment options, an IRA rollover from your 401k plan can be an excellent way to build your retirement nest egg. In fact, there are several different types of IRA rollover options available for individuals seeking to move funds out of their 401k plan. The type of IRA that meets your individual need and requirements will vary; however, all IRA rollovers offer significant tax savings and flexibility of choice.

A 401k plan has many advantages; however, you’re usually restricted to a predetermined set of investment options selected by your employer. In the current economic climate, where global credit markets are unstable and people are losing their retirement savings, an 401k rollover to IRA may represent the flexibility and security that you need. (more…)