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Retirement Plan Rollovers


Rolling over your employee retirement plan to an IRA can give you control over your assets and the flexibility to invest in a wide range of investment solutions. Our team of Financial Advisors at Genesis Wealth Advisors can help you roll over your assets and develop a financial plan for the future.


Over the years, you may have opened or inherited numerous investment accounts - making it difficult to manage your portfolio and see a full picture of your retirement future. Rollovers may be ideal if you have recently changed jobs or retired, and are looking to consolidate and manage your retirement assets.

Our goal at Genesis Wealth Advisors is to help take the worry out of moving a significant portion of your life savings.

Having Assisted Investors with Rollovers and Consolidation of their Retirement Accounts, our Team of Financial Advisors can offer the Following Services to Help Make a Smoother Rollover Process for you:

  • Help to complete the complex paperwork necessary for the transfer of your accounts.
  • Monitor processing of paperwork to avoid administrative and human errors, to minimize any potential delays.
  • Assist in organizing beneficiary records to help ensure assets are distributed to heirs as intended.
  • Regularly communicate and provide status updates regarding your rollover.



 Making the Decision to Roll Over from a 401(k) to an IRA


The decision to roll over from a 401(k) to an IRA can depend on each investor’s attitudes and preferences. Here are some factors that can help you evaluate your current 401(k) account, and if rolling over to an IRA is the best option.

  • Are you satisfied with the breadth of investments offered in your current 401(k) plan? If access to a broader range of investments is important to you, then rolling over your assets to an IRA may make sense.
  • What are the total fees associated with your current 401(k) compared to the IRA account you are considering? Some common 401(k) expenses can include plan recordkeeping, investment, and other fees. Some common IRA expenses may include account fees, investment fees/commissions, and other fees. Comparing the total fees for each account will allow you to make an educated decision on rolling over.
  • What services are available now from your 401(k) provider—and how do they compare to the services offered by your advisor? Compare educational materials, telephone help lines, online account resources, and access to face-to-face help and advice to determine the level of service that best fits your needs. 
  • Do you plan on taking penalty-free withdrawals between ages 55 and 59½? You may be able to take penalty-free withdrawals from a 401(k) plan. In contrast, penalty-free withdrawals generally may not be taken from an IRA until age 59½. It also may be easier to borrow from a 401(k) plan. 
  • Will you still be working at age 70½? Generally, you are not required to take required minimum distributions from your current employer’s plan. You would, however, be required to take distributions from an IRA.
  • Do you hold employer stock in your current 401(k) account? An investor who holds significantly appreciated employer stock in a plan should consider both the positive and negative consequences of rolling the stock to an IRA (including issues related to taxes and diversification). 



To learn more about retirement plan rollovers and other financial services, contact Genesis Wealth Advisors to set up an appointment today.


Tax services are not offered through, or supervised by Lincoln Investment, or Capital Analysts.

Before deciding whether to retain assets in an employer 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, possession of employer stock and reduction/elimination of guaranteed benefits from the pension plan. Taxes must be paid upon withdrawal of any deducted contributions  plus earnings and on the earnings from your non-deducted contributions for an IRA.