Leaving a job or retiring is a big change in your life. While you’re anticipating all the adjustments and challenges ahead, however, don’t neglect your retirement plan assets.
When you leave a job, a rollover IRA gives your money the potential to keep growing.
Of course, a rollover IRA is not the only option you have. Carefully compare all your options to make the best choice for you. Keep in mind any tax implications. If you’re not careful, taxes and penalties can eat away much of what you’ve saved.
Move your assets into a rollover IRA to keep the same tax benefits, avoid penalties and gain more control of your money.
Ready to make a decision about your retirement plan money? Find out how to start the rollover process to an American Funds IRA or American Funds retirement plan.
Leaving your employer involves many important decisions. American Funds Rollover Specialists can answer your questions and help you initiate your transaction.
If you’re looking for an answer to a specific question about rollovers, consult our Frequently asked questions.
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional or downloaded and should be read carefully before investing.