401(k) & 403(b) Rollovers and In Service Transfers

401k and 403b rollovers, as well as in-service transfers, are critical elements of retirement and financial planning. At MB Wealth Advisors, we are here to guide you through these processes.

Understanding 401k and 403b Rollovers

401k and 403b rollovers are processes that allow you to move your retirement savings when you change jobs or retire. This helps you avoid taxes and penalties that can arise from early withdrawal, and ensures your retirement savings continue to grow.

Incorporating In-Service Transfers

In addition to rollovers, we also assist with in-service transfers. These are transactions that allow you to move a portion of your 401k or 403b retirement assets to an Individual Retirement Account (IRA) while you’re still employed and contributing to your current employer’s plan. This can offer you more control over your investments and a wider array of investment options.

The Process of 401k, 403b Rollovers, and In-Service Transfers

The rollover and in-service transfer processes typically involve several steps: determining if a rollover or transfer is right for your situation, choosing a rollover destination or an appropriate IRA, initiating the rollover or transfer with your current plan administrator, and setting up your new account. While these processes can seem complex, we are here to make them straightforward and seamless for you.

How MB Wealth Advisors Can Assist with Your 401k and 403b Rollovers and In-Service Transfers

With over 25 years of financial services experience, Michael Black and the team at MB Wealth Advisors are well-equipped to assist with your 401k and 403b rollovers and in-service transfers. We take pride in our personalized approach and are dedicated to ensuring these processes are handled smoothly and effectively for your financial benefit.