RETIREMENT PLAN OPTIONS

Changed jobs? Your old retirement plan still deserves a plan.

If you have a 401(k), 403(b), 457 plan, TSP, or other retirement account from a previous employer, you may have several options for what happens next. Before moving anything, take the time to understand what you have, what choices may be available, and how the account fits into your bigger financial picture.

Explore Your Options Request a Plan Review

Plans We Can Help You Review

Have an old retirement account?

401(k) Plans
403(b) Plans
Governmental 457(b) Plans
Thrift Savings Plan Accounts
Profit-Sharing Plans
Other Qualified Employer Plans

Not sure what kind of plan you have? That's okay. A recent account statement is a great place to start.

Old Account. New Questions.

Leaving a job doesn't mean leaving your retirement strategy behind.

Changing employers, retiring, or simply looking back at accounts from previous jobs can leave you with retirement assets spread across different plans and providers. Those accounts are still part of your financial life — and they deserve to be reviewed alongside everything else you are working toward.

The goal isn't simply to move an account. It's to understand your choices first and make an informed decision based on your situation.

Does This Sound Familiar?

You may have a retirement account that needs another look.

You Changed Jobs

Your previous employer's retirement plan is still sitting where you left it, and you're not sure what to do with it.

You're Retiring

You're approaching or entering retirement and need to decide how your employer-sponsored assets fit into the next phase of your financial life.

You Have Multiple Old Plans

Several career moves may have left you with retirement accounts at different employers, providers, and investment platforms.

You Aren't Sure What You Have

You know there's an account from a former employer, but you're not sure what type of plan it is, how it's invested, or what choices are available.

Employer-Sponsored Retirement Plans

401(k)s aren't the only plans worth reviewing.

Depending on the plan, distribution eligibility, and your circumstances, several types of employer-sponsored retirement accounts may have rollover or transfer options.

401(k)

401(k) Plans

One of the most common employer-sponsored retirement plans, particularly among private-sector employers.

403(b)

403(b) Plans

Commonly associated with public schools, universities, certain nonprofit organizations, churches, and other eligible employers.

457(b)

Governmental 457(b)

A retirement plan commonly available to employees of state and local governments and certain public-sector organizations.

TSP

Thrift Savings Plan

A retirement savings plan for federal employees and members of the uniformed services.

PSP

Profit-Sharing Plans

Some employers provide qualified retirement benefits through profit-sharing or other defined contribution arrangements.

OTHER

Other Qualified Plans

Other employer-sponsored retirement arrangements may also provide distribution or rollover choices depending on plan rules.

Don't recognize your plan type? Bring us a recent statement. We can start by helping you understand what type of account you have and what questions should be considered.

Review My Account →

Understanding Your Choices

Your old retirement plan may have several paths forward.

The choices available depend on the specific plan and your circumstances. One option isn't automatically better than another, which is why it's important to compare them before making a decision.

Leave It in the Existing Plan

Depending on the former employer's plan rules, you may be able to leave your retirement assets where they are.

Consider the plan's investments, fees, services, withdrawal options, and whether keeping another separate account works for you.

Move It to a New Employer Plan

If your new employer's retirement plan accepts eligible rollovers, you may be able to bring assets from your former plan into the new one.

Compare the features and costs of both plans and determine whether consolidation fits your overall strategy.

Roll Eligible Assets Into an IRA

Depending on the account and distribution, an IRA may be another destination for eligible retirement assets.

Investment choices, fees, services, withdrawal rules, protection, tax considerations, and other features should all be evaluated.

Take a Distribution

You may have the ability to take some or all of the money directly rather than moving it into another retirement account.

A taxable distribution can create immediate tax consequences and potentially additional taxes depending on your circumstances.

There isn't one answer that's right for everyone.

Your age, employment situation, current plan, investments, expenses, income needs, tax situation, time horizon, and overall financial strategy can all affect the decision.

Before You Move Anything

Look at more than the account balance.

A retirement plan decision shouldn't be made in isolation. Before deciding what to do with an old account, it's worth understanding both the account itself and how it fits with the rest of your financial life.

Request a Retirement Plan Review

Things worth reviewing

✓ Current investment options

✓ Fees and account expenses

✓ Current allocation and risk

✓ Withdrawal and distribution options

✓ Available services and guidance

✓ Beneficiary considerations

✓ Tax considerations

✓ Your other retirement assets

✓ Your long-term income needs

Your Financial GPS

Where does this money fit into the bigger picture?

Your old retirement account isn't just an account number. It's money you've accumulated toward something important.

GOAL

What are you working toward?

Define what you ultimately want your retirement assets to help accomplish.

PLAN

How should your assets work together?

Consider the account alongside your other investments, retirement assets, savings, and future income sources.

SCHEDULE

When will you need the money?

Your timeline can influence how the account is positioned today and how the strategy may evolve over time.

A Simple Place to Start

Let's understand the account before deciding what comes next.

Review What You Have

Start with your current statement, plan information, investment allocation, and any other retirement accounts you own.

Understand Your Options

Evaluate the choices available through the existing plan, a new employer plan, an IRA, or other applicable alternatives.

Make an Informed Decision

Consider the account as part of your broader financial strategy before deciding whether anything should change.

Who Should Consider a Review?

This may be a good time to take another look if...

Even an account you've had for years may deserve a fresh review when your career, family, goals, or retirement timeline changes.

You recently changed jobs.

You are preparing to retire or recently retired.

You have an old 401(k), 403(b), 457(b), TSP, or other employer plan.

You have retirement accounts from several previous employers.

You aren't sure how an old account is currently invested.

You want to understand whether consolidating accounts makes sense.

You want to understand your choices before taking a distribution.

This information is provided for educational purposes only and is not intended as individualized investment, tax, or legal advice. Retirement plan options, rollover eligibility, investment choices, fees, tax treatment, withdrawal rules, and other considerations vary based on the type of plan, plan provisions, individual circumstances, and applicable law. A rollover into an IRA is not appropriate in every situation. Before making a decision, consider the features, costs, services, protections, investment options, and other characteristics of each available alternative. Consult appropriate financial, tax, and legal professionals regarding your individual circumstances.