Why Do an In-Service Rollover?

Spring Has Sprung The experts will tell you that springtime began on March 20th for those of us who live in the Northern Hemisphere. That’s the day each spring when the Sun shines directly on the equator and the day is evenly divided between day time and night time. Another way to think of this

ISR - What is it and is it for you?

Recently, I have been working with a USPFA member discussing and evaluating one of these transition times for many of us in regard to our retirement planning. The top of mind topic for these members was the In-Service Rollover (or ISR). Many people are not aware that once you reach the age of 59 ½, you have the ability to transfer a portion of your retirement plan assets (401k, 403b or similar retirement plan vehicle) into a self-directed IRA. This transfer can be completed while you are still working for your employer and while you continue to participate in your employer provided retirement plan. Each retirement plan has specific rules and processes but typically, this transfer can be up to 80% of your 401k balance.