401k Rollover

Find the Right Retirement Option with Our 401k Rollover Services

Your employer based 401k retirement plan has helped you save for your future, but is it the right plan for you? At B2 Insurance, we can assist you in rolling over your 401k plan to an Individual Retirement Account (IRA) to ensure you are making the most out of your retirement planning.

401k Rollover Options

Rolling over your 401k plan to an IRA can help you keep your current savings tax-deferred and provide you with more investment options. With an IRA account, you are allowed to save money in a tax-advantaged way.

At B2 Insurance & Financial Services, we can assist you in making the best decision for your exact needs. We take the time to get to know you and your goals to make your 401k rollover process as simple as possible. To work with a team of reliable, dedicated, and relatable professionals, reach out to us today.

Understanding 401k Rollover Through Our FAQ

Whether you are changing jobs or simply looking for better investment options, you can be under a great deal of stress. Our team at B2 Insurance is here to take that stress away with our 401k rollover services. To help you better understand our 401k rollover process, please read through our FAQ below.

Black Q IconWhat is a 401k?

A 401k plan is a way for you, a hard working employee, to contribute funds into an account to plan for retirement. The funds are typically taken out of your paycheck before taxes are taken out.

There are many different plans and options for you to invest your money in, and in some cases, your employer might match the funds that you contribute to this account.

Black Q IconWill I owe taxes on my rollover?

In most cases, no. In the event that you roll over your savings directly from your current plan into an IRA, you can avoid paying taxes. The company where you hold your current 401k plan will make your savings payable to your IRA’s custodian to ensure the funds are deposited into that account.

Black Q IconHow can a 401k financial advisor help?

At B2 Insurance, our team will help make this transition as simple as possible.We will take on the task of setting up and transferring your current savings into your new, desired account. Our team will consult with you to help you make the most out of your retirement planning. We consult with you in the best, most effective investment options to help your money grow larger than ever before.

Black Q IconWhat happens if I have inherited a retirement plan?

In the event that you were named someone’s beneficiary for their retirement plan, you can utilize our 401k rollover services to ensure that those funds are used how you would like.

We can assist you in ways to keep those funds growing, while allowing you to take distributions over the span of your lifetime.

Black Q IconWhat is a 401k Rollover?

A 401k rollover is the process of moving your retirement savings from one tax deferred investment to another. Typically this service is used to help employees that are leaving their job to keep their retirement savings growing as they transition into a new job.

Rolling over your 401k plan into an Individual Retirement Account (IRA) is the most common option. Depending on your current 401k plan type, you will be able to choose between a regular IRA or Roth IRA, which will allow you to keep your savings tax-deferred, while giving you more investment options.

Let us help you take the stress out of planning for your future.