Did Your 401(k) Get Left Behind?
Regain control of your retirement today!
You are not alone. We meet lots of people who still have 401k accounts sitting at their previous place of employment. In most cases, it's because they just don't have the time to deal with it. Our simplified rollover process will put you back in charge of your forgotten 401k in no time! We'll handle all of the transfer details, and then we'll manage that money so you don't have to worry about it anymore. This will be one less thing on your "to do" list! Don't wait another day!
Here Is How the Process Works:
Step 1: We'll spend a few minutes on the phone with you to answer any questions you might have, and then we'll establish a qualified retirement account into which your 401k funds can be transferred tax-free.
Step 2: We request the rollover paperwork from your previous employer.
Step 3: We fill out the paperwork for you and then collect your signatures.
That's it! Once the money transfers to Fisher Wealth Management, your advisor representative will contact you, and together you will determine the best investment plan for your retirement account.
Common Questions:
- Does rolling over my old 401k result in any tax consequences? No. As long as the funds are directly transferred into a qualified retirement account, you will not have any taxable consequences.
- Can I use my 401k money now? Not really. 401k accounts are designed to provide for you in retirement, so you are supposed to wait until you have attained age 59 ½ to collect it. You can opt to access your money sooner, but you will have to pay income taxes on it and probably a 10% IRS tax penalty, as well.
- What are the fees for rolling over my 401k to Fisher Wealth Management? The simplified rollover process is FREE. We do not charge account-opening fees, annual account fees, or transfer fees. You will only pay our firm for managing your investments once your funds arrive. We only charge one quarter of one percent (.0025%) each quarter, based on the value of your account. (For example, an account valued around $30,000 would be charged roughly $75 each quarter.)
- Can I roll over the funds to my new employer's 401k? Yes! But you would need to speak with someone from your new company to get that process started because you would not become a client of our firm in that case.
- What types of investments do you use when managing my 401k money? We primarily use Exchange Traded Funds (ETFs). These are lower cost funds that mirror the performance of many different indexes from the U.S. and around the world. We've created and continually manage 8 different model portfolios to suit the various needs of each client. Our firm offers additional investment opportunities as well – please discuss alternative investments with your Fisher Wealth Advisor Representative.