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About Englebert Financial Advisers, LLC
Located in the Lehigh Valley, Englebert Financial Advisers provides portfolio management services and custom financial plans for investors of all ages. We are a fee-based Registered Investment Advisory firm that acts as a fiduciary for our clients. We pride ourselves on providing an easy-to-understand business model, fee transparency, and excellent client service.

Disclaimer
The information presented in this video is believed to be current and should not be viewed as personalized investment advice. All expressions of opinion reflect the judgment of the authors on the date of publication and may change in response to market conditions. You should consult with a professional adviser before implementing any strategies discussed. Content should not be viewed as an offer to buy or sell any of the securities mentioned or as legal or tax advice. You should always consult an attorney or tax professional regarding your specific legal or tax situation. The articles were prepared by third-party journalists. Pension and tax rules are subject to change….(read more)

LEARN MORE ABOUT: Retirement Planning

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The 401k, 403b, and 457 retirement plans are three of the most popular retirement savings accounts. Each one offers different features and benefits, and knowing how to manage them can be a challenge. Fortunately, there are several options to choose from when it comes to managing these plans.

The first option is to leave it alone. This is the simplest option, and it involves leaving the money in the plan and allowing it to grow over time. This is usually a good choice for those who don’t have a lot of knowledge about investing or who don’t want to take on the responsibility of managing their own retirement accounts.

The second option is to move it. This involves transferring the money from one plan to another, such as from a 401k to a 403b or from a 403b to a 457. This can be a good option for those who want to take advantage of different investment opportunities or who want to diversify their savings.

The third option is to roll it. This involves transferring the money from one plan to an IRA. This can be a good choice for those who want more control over their investments and who want to take advantage of different tax benefits.

The fourth option is to take it. This involves taking a lump sum distribution from the plan. This is usually not recommended as it can have significant tax consequences.

No matter which option you choose, it is important to understand the implications of each one and to make sure that you are making the best decision for your retirement. It is also important to remember that these plans are long-term investments, and you should not make any decisions based on short-term market fluctuations.

By understanding the different 401k, 403b, and 457 management options, you can make sure that you are making the best decisions for your retirement. With the right plan in place, you can ensure that you have a secure financial future.