Steps to take before Rolling over your IRA
Maryland Annuity Resource mainly deals with Annuities and Insurance products. We do not offer variable products or any products that leave it up to chance to lose money. We do not offer stocks, mutual funds, or securities for they have the distinct advantage when it comes to losses. We like to have control and contractual guarantees when it comes to our money and our clients money. So you are here because you either lost money or someone told you about us. Thank you for finding us and we want to set you on a path of growth and lifetime income.
You have a wealth of product choices for your IRA Rollover that are Annuities. If you are here, you already have an IRA which is a qualified plan which is easily rolled over to an IRA Annuity plan. There are some things to consider and we will be more than happy to help you. A Rollover IRA is a Traditional Individual Retirement Account (IRA) that is often used by those who have changed jobs or retired and have assets accumulated in their employer-sponsored retirement plan, such as a 401(k).
Eligible distributions from such plans can be rolled over directly into a Annuity IRA without incurring any tax penalties and assets remain invested tax-deferred. Consolidating multiple employer-sponsored retirement plan accounts into a single Rollover IRA can make it easier to allocate and monitor your retirement assets.
Most of my clients contact me because of a loss in their current plan. They are at a loss for words, I mean civilized words that are used in day to day conversations. I was in the army so I have heard those words before. When you stoop to profanity when talking about your investments, it is usually the best time to switch investments. A good rule of thumb to follow.
We will meet with you either over the phone, screen share conference, or in person to go over all of your rollover options. When we have made a plan, and you agree to implement that plan, we will help you through the process which usually takes 7-14 days.
Give us a call or email if you are looking to Rollover your IRA.
For more information about your IRA Rollover, click here.