Retirement Planning
IRA Rollover Accounts
Whether you are retiring, making a career change or resigning from your job, you may be faced with the task of evaluating several options available to you upon distribution of your pension, profit sharing and/or 401(k) funds. The decision you make could carry with it significant tax consequences. One option available is a Direct Rollover from the qualified retirement plan to an IRA. This method of distribution avoids the immediate twenty percent tax withholding requirement. Founders Bank & Trust can help in several ways:
- Aid you in the preliminary review of your options;
- Provide you with the IRA Rollover Account to accept distribution;
- Assist you in undertaking a complete analysis of your investment objectives and goals.
We can then suggest an investment plan for your IRA Rollover account that can be used to meet those needs and objectives or provide total investment management of the account.
Please refer to our Frequently Asked Questions (FAQ's) section of our website for more details and definitions. To learn more about the advantages of an IRA rollover account, please contact us today.
Products are not insured by FDIC, they are not deposits or other obligations of the institution and are not guaranteed by the institution and are subject to investment risks, including possible loss of the principal invested.
