Your 401(k), or similar employer sponsored retirement savings plan, as among the hardest-working vehicles for amassing retirement savings. However, when left behind following a job change, it may no longer be working as hard as you need it to. That's because certain key benefits may no longer apply once you sever ties with your employer. Chief among them is that you are no longer eligible to make additional contributions or receive employer matching contributions. And what's out of sight is also often out of mind. Sitting with your former employer, those important assets may not be getting the attention they deserve as an integral part of your overall retirement wealth. Fortunately, there is a strategy to get your retirement plans back on track and working toward your goals. With an IRA rollover, you realize immediate benefits. 1) You gain a more complete view of your financial picture by consolidating 401k or other qualified retirement plans. Limitations,
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)