Rollovers

Most experts agree that what you do with your 401(k), 457 or 403(b) assets when changing jobs or retiring can be one of the most important financial decisions you will ever make. You need vital information that allows you to make those important decisions that fit your current situation, investment timeframe, and long-term goals and objectives.

CFS Advisors at First Commonwealth Investment Services, available through CUSO Financial Services, L.P. (CFS)* is knowledgeable and committed to doing what is right for you and your unique situation.

A job change brings the opportunity to review your retirement savings strategy in light of your long-term goals, and to make changes that can improve your overall results. A Rollover Individual Retirement Account (IRA) is an excellent option to consider.

Rollover IRAs have features that may be superior to those of your former employer’s qualified plan. For instance, while IRAs enjoy the same tax-deferred compounding as a 401(k), 457 or 403(b) plans, they typically offer a wider range of investment choices, and these could translate into a better retirement plan for you over the long term.

If you would like to learn more about the benefits of a Rollover IRA, and discuss the ways you can help improve your retirement savings strategy, contact First Commonwealth Investment Services at 610.821.2469 to schedule a free, no obligation review with one of our CFS Financial Advisors.

BrokerCheck by FINRA

*Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. The Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.

CFS and its representatives do not offer tax advice. For such advice, please contact a tax professional.

**Before deciding whether to retain assets in an employer sponsored plan or roll over to an IRA an investor should consider various factors including, but not limited to: investment options, fees and expenses, services, withdrawal penalties, protection from creditors and legal judgments, required minimum distributions and possession of employer stock.

1Insurance products and services are offered through CUSO Financial Services, Inc. (“CFS”). Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. First Commonwealth FCU has contracted with CFS to make certain insurance products and services available to credit union members.

2Annuity contracts contain exclusions, limitations, reductions of benefits and terms for keeping them in force. Your licensed Financial Professional can provide you costs and complete details.