Rollover IRA / IRA Rollover
Rollover IRA / IRA Rollover
 Rollover IRA and IRA Rollover are terms that can be used interchangeably. A Rollover IRA is a tax free transfer of funds from a ex-employer’s retirement plan such as a 401k, 403b, 457 or Thrift Savings Plan to an IRA. When you change jobs you are entitled to distribute or “rollover” your previous employer's retirement plan to a Rollover IRA.
By rolling over an ex-employer’s retirement plan into a Rollover IRA, you maintain the tax deferred status of your retirement account. Also, a Rollover IRA will allow you to consolidate all of your ex-employer’s retirement accounts into one IRA, making it easier to manage your retirement investments.
A significant advantage of a Rollover IRA versus leaving your retirement assets with an ex-employer is increased investment flexibility. A client with a Rollover IRA can invest in ETFs, stocks, bonds, institutional money managers and over 10,000 mutual funds.
Depending on the needs of a client, NAMCO may prepare an evaluation of existing portfolio investments and provide recommendations for other investments as appropriate.
Account Protection
Securities in accounts are protected in accordance with the Securities Investor Protection Corporation (“SIPC”) up to $500,000 (including cash claims limited to $100,000). Account services provided by Fidelity Brokerage Services LLC (“Fidelity”), provides for additional protection in excess of this coverage to provide account coverage to provide total net equity protection.
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