Learn more about your retirement account
options in two steps.
1. Tell us what best describes you.
2. What is most important to you when it comes to saving for the future?
Select all that apply.
- Convenience
- Tax-advantages and disadvantages
- Access to my money
- Investment choices
- Future contributions
- Expenses
- Services
A minimum balance requirement of $5,000 might be required.
You can maintain your current investments and you don't need to take further action.
to an IRA
Enables you to review and manage your retirement assets in one location.
Employer's Plan
May involve a waiting period.
You may be able to consolidate your retirement savings in your new plan.
Provides immediate access to your retirement plan assets.
Keeps your assets growing tax-deferred (no taxes until you access your savings).
Roth contributions (and earnings) and after-tax contributions may, in certain circumstances, be tax-free when distributed. Also, special tax rules apply when taking a distribution of company stock. Consider consulting a tax advisor.
to an IRA
Assets grow tax-deferred (meaning no taxes until you access your savings).
Roth contributions (and earnings) and after-tax contributions may, in certain circumstances, be tax-free when distributed. Also, special tax rules apply when taking a distribution of company stock. Consider consulting a tax advisor.
Employer's Plan
Assets grow tax-deferred (meaning no taxes until you access your savings).
Roth contributions (and earnings) and after-tax contributions may, in certain circumstances, be tax-free when distributed. Also, special tax rules apply when taking a distribution of company stock. Consider consulting a tax advisor.
Removes potential for continued tax-deferred or tax-free growth of your assets.
Roth contributions (and earnings) and after-tax contributions may, in certain circumstances, be tax-free when distributed. Also, special tax rules apply when taking a distribution of company stock. Consider consulting a tax advisor.
Mandatory 20% withholding on distribution.
May be subject to 10% early withdrawal penalty if you are under the age of 59½ (Some exceptions apply, please contact a tax advisor or call us at 866-262-5565 for more information).
Typically, loans are only available for active employees.
Generally allows for penalty free withdrawals if you retire the year you turn 55 or older. Otherwise, penalty-free withdrawals available after age 59½.
Possible to delay taking required minimum distributions (RMDs) if you are still working at age 72 (or 70½ if you reached that age before 1/1/2020).
IRS early distribution penalties waived if certain requirements are met, regardless of age. Some examples include: Unreimbursed medical expenses, disability, and qualified military reservists called to active duty.
to an IRA
No loan provisions.
Withdrawals available without penalty after age of 59½.
IRS early distribution penalties waived if certain requirements are met, regardless of age. Some examples are: Unreimbursed medical expenses, disability, higher education expenses, first time home purchase, and qualified reservists called to active duty.
Must begin taking RMDs after age 72 (or 70½ if you reached that age before 1/1/2020) (except for Roth IRAs).
Employer's Plan
Loans may be available.
Generally allows for penalty free withdrawals if you retire the year you turn 55 or older. Otherwise, penalty free withdrawals available after age 59½.
Possible to delay taking required minimum distributions (RMDs) if you are still working at age 72 (or 70½ if you reached that age before 1/1/2020).
IRS early distribution penalties waived if certain requirements are met, regardless of age. Some examples include: Unreimbursed medical expenses, disability, and qualified military reservists called to active duty.
Allows immediate access to your retirement plan assets.
Limited investment options.
Offers familiar investment options.
May provide access to company stock or other investment options not available outside of Plan.
to an IRA
Access wider range of investment options.
Consult a tax advisor to determine the appropriate strategy if plan investments include company stock.
Employer's Plan
Investment choices limited to those in plan.
May provide access to company stock or other investment options not available outside of Plan.
Future contributions not permitted.
to an IRA
Future contributions allowed.
Employer's Plan
Future contributions allowed.
Future investing would require opening an IRA or taxable account; or investing in a new employer’s plan.
Compare the fees and expenses associated with each option including staying in plan, rolling over to an IRA, or rolling over to your new employer's plan. Log in to check expenses.
to an IRA
Compare the fees and expenses associated with each option including staying in plan, rolling over to an IRA, or rolling over to your new employer's plan.
Employer's Plan
Compare the fees and expenses associated with each option including staying in plan, rolling over to an IRA, or rolling over to your new employer's plan.
May be subject to taxes and penalties.
Compare the services associated with each option including staying in plan, rolling over to an IRA, or rolling over to your new employer's plan. Log in to your account.
to an IRA
Compare the services associated with each option including staying in plan, rolling over to an IRA, or rolling over to your new employer's plan.
Employer's Plan
Compare the services associated with each option including staying in plan, rolling over to an IRA, or rolling over to your new employer's plan.
Stay in Plan
Next Steps
- Call us at 1-888-445-4226 to talk through any outstanding questions.
- Log in to check your balance, current investments, or visit the Distribution Center to learn more.
Roll Over to an IRA
Next Steps
- Call us at 1-888-445-4226 to learn more about rollover IRAs.
- Log in to check your balance, current investments, or visit the Distribution Center to learn more.
- Review the Rollover Options Notice summary
Roll Over to New Employer's Plan
Next Steps
- Call us at 1-888-445-4226 to learn more about the rollover process.
- Log in to check your balance, current investments, or visit the Distribution Center to learn more.
- Review the Rollover Options Notice summary
Cash Out
Next Steps
- Call us at 1-888-445-4226 to learn more about the cash-out distribution process.
- Log in to check your balance, current investments, or visit the Distribution Center to learn more.
- Review the Rollover Options Notice summary
