American Capital Partners, L.L.C., is a financial planning firm with years of experience. We provide a wide array of financial services including retirement planning, investment management, as well as overall risk management.  American Capital Partners will  tailor the portfolio to meet each client's individual needs. Our aim  is to help each investor achieve their personal and unique financial goals.  Our reward is satisfied clients.

Benefits of a 401K Rollover to an IRA 

• Access to a much wider variety of investment options
• Lower investment expenses
• Can access your money immediately 
• Allows capital to continue compounding tax deferred
• Flexibility to buy investments of your choice rather than being limited to 401K mutual funds
• Ability to write covered call stock options
• Account consolidation

Disadvantages of a 401k Rollover to IRA

• loss of having employee stock purchasing plans may not be available in an IRA 
• Can not borrow from your assets

401k Options

When leaving a former employer, there are a few options you have with your 401k plan. 

• Do nothing, leave the 401k with the former employer retirement plan
• Rollover the old 401k to the new employer's 401k plan
• 401k rollover to a Individual Retirement Account (IRA)
• Cash out the 401k, paying 10% penalty fee for early withdrawal and paying taxes

 

 How to transfer a 401k to IRA rollover from previous employer

The former employee must order a distribution of the current 401k plan assets.  The employee will get a check that must be contributed into a new retirement plan within sixty days. The distribution is reported on the IRS Form 1099-R and the deposit is reported on IRS Form 5498.  A 401k rollover is limited to once every twelve months.  

Our Commitment
At American Capital Partners L.L.C., we treat our clients with courtesy and integrity. Our years of experience and notable expertise ensure that your financial future is in good hands.

Our consistent track record of uncompromising ethics instills confidence and trust. We use cutting edge technologies to ensure up to the minute information from the financial world. This allows us to respond quickly, and give you the most relevant information and perspective.

Call (888) 502-5030

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