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401 K Rollover planning
401(k) rollover is when you move your money from a former employer’s 401(k) plan into another best retirement service plan.
It helps individuals manage and consolidate their retirement savings fund efficiently.
Benefits of the 401 K Rollover planning
An annuity is a financial product that gives you regular payments over a certain period of time. Imagine you pay a lump sum (a big amount of money) to a company, and in return, they agree to give you smaller, regular payments back to you—like a paycheck. There are different types of annuities, and some give you payments for a fixed number of years, while others might give you payments for the rest of your life.
Many of us have assets in one or more employer-sponsored retirement plans (i.e., 401(k), profit-sharing plans) to help save for the future. But what happens if you change jobs? Oftentimes, these accounts don’t come with you, so they are set aside to deal with later. While the funds in the account still have the potential to grow, they’re usually considered inactive if you’re no longer employed by the company.
Growth potential
Protection from loss due to market downturns
Creating a legacy for our loved ones
Guaranteed lifetime income
Flexibility to customize income
Rolling over tax-qualified retirement assets into an annuity can help you achieve your retirement goals
At CCS Sterling LLC, we are dedicated to empowering individuals and businesses to achieve financial success with trust, innovation, and unwavering support.read more
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