…(read more)
LEARN MORE ABOUT: IRA Accounts
TRANSFER IRA TO GOLD: Gold IRA Account
TRANSFER IRA TO SILVER: Silver IRA Account
REVEALED: Best Gold Backed IRA
If you’ve recently changed jobs or are looking to diversify your retirement investment portfolio, then you may be considering rolling over your 401k plan to an IRA. But the process of rollover can feel overwhelming, and some people don’t know where to begin. Fortunately, there’s a new online platform that makes it easy peasy to rollover your 401k-to-IRA with Capitalize.
Capitalize is an online platform that caters to individuals who want to take control of their retirement savings. The platform provides its users with personalized advice, investment recommendations, and automated rollover services to transfer their existing retirement funds from 401k to IRA.
So, with Capitalize, you get all the benefits of working with an experienced investment advisor, without the hefty fees that usually come with such services. All you have to do is follow these simple steps to rollover your 401k-to-IRA with Capitalize.
Step 1 – Sign-up with Capitalize: To get started with Capitalize, you’ll need to register and provide some personal details. The registration process takes only a few minutes, and you’ll be asked to provide information about your retirement goals, current holdings, and investment preferences.
Step 2 – Choose the best Investment Portfolio: Based on the information you’ve provided, Capitalize will create a customized investment portfolio matched to your financial goals. You can select from five different portfolios containing various mixes of exchange-traded funds (ETFs) and mutual funds.
Step 3 – Decide the amount of funds to rollover: Once you’ve decided on a portfolio, you’ll need to determine how much money to transfer from your 401k to your new IRA. Capitalize provides you with a calculator to help you figure out the appropriate amount based on your current holdings and investment goals.
Step 4 – Sit back and let Capitalize’s Automated rollover process work for you: After deciding on a portfolio and the amount to rollover, you’ll have to authorize Capitalize to initiate the transfer. The platform’s automated rollover process handles all the necessary paperwork and contacts your former employer’s 401k administrator to transfer your money efficiently.
Step 5 – Track your investments within Capitalize: When the rollover is complete, you can monitor the progress of your investments through the Capitalize platform. You can view your portfolio’s performance, track investments, and make changes to your investment portfolio as you see fit.
In conclusion, Capitalize is an easy-to-use platform designed to take the hassle out of rolling over your 401k into an IRA. With its personalized investment advice, automated rollover process, and low fees, Capitalize is one of the best options for anyone looking to manage their retirement savings. So, if you’re considering rollover, consider doing it with Capitalize.
Always check the vesting schedule! You don’t want to leave money on the table.
Is this an Ad read or a PSA?
PSA to others: beware of fees in employer plans, especially in 403(b) where it's been negotiated by non-financially educated union reps. Every school I've taught at has had insane fees and I seem to be the first person to bring it up at union meetings. I've done Roth & traditional IRAs instead and it's worked out well for me, now at 40.