When you leave a job you can roll your 401(k) into an IRA with many more control and options than if you leave it with the employer. This allows you to invest in individual stocks, options, bonds, ETFs, and possibly even futures, instead of the vanilla mutual funds in your employer 401(k). The main point is that it allows you more flexibility.
When that 401(k) is rolled over into an IRA in a different custodian firm, it also frequently comes with much better portfolio analysis software and mobile apps for viewing. This allows you to make prudent, timely decisions should something happen in the market. There is also real time execution of trades (during market hours) as opposed to possibly waiting for the trade to execute through the 401(k) firm.
All in all, it usually makes sense to roll your 401(k) plans into IRA’s at other, more customer-friendly firms, where you have more control over it.
That is where we come in. We assist clients by rolling their 401(k) plans into IRAs for a minimal flat fee of $149. We take cash, checks, or credit card payments.