If you are new to your retirement program or are soon leaving your workplace, there are important things to consider.
A review of the current or new Group plan plan will give your Advisor important information on how to properly plan to meet your goals. They will be able to use the information alongside personal planning to ensure your overall portfolios are meeting your needs.
Things that are important to consider include:
- Rates of return
- Amount of time invested
- Asset allocation
- Employer contributions
If you are leaving your workplace or retiring, you have a certain amount of days to transfer your group plan into the right personal plan without being stuck with fees, higher taxes and potentially poor investment options – talk to us about how this works!