Protect your retirement FUNDS while you are still working!
The IRS has an approved program that protects your retirement assets by moving all or part of your 401K, 403B, TSP or other employer sponsored plan, from your company sponsored retirement plan into your own personal retirement account or IRA. This program, called an In-Service Distribution, is designed to protect the bulk of your retirement assets as you near retirement, while you are still working.
An In-Service Distribution can insulate you from a market meltdown similar to what we experienced in 2008! We can all remember September 2007 to March 2009 when the stock market lost 66% of its’ value! Many company plans were exposed, leaving people unable to retire. This doesn’t have to happen to you. If you are getting close, we will help you protect your retirement.
Some benefits to an In-Service Distribution Rollover Include:
Allows more options for investing your funds
Establish control over where your money is invested
Continue to work
Continue to contribute to your company plans
No withdrawal penalties
No tax ramifications
If you are an employee of Ascension St. John:
Your 401A, 403B or TSP from Transamerica, allows for in-service distributions. [Learn More]