Are you leaving your job & don’t know what to do with your 401K?

If this is your situation, wWell you need advice because if you’re not careful you will be hit with taxes and a 10% penalty. Below is what you should do…
1. Roll over from a 401K to an IRA.

2. Do a direct rollover.

3. Account for plan loans.

4. Don’t leave your job prior to receiving employee matching or becoming fully vested. You’ve waited for this long; you might as well wait some more.

5. Plan for net unrealized appreciation: Some employees have employee stock within their 401K. If this is you, don't rollover the stock with the IRA. Move it to a taxable account instead.

For more information, visit http://www.ubs.com/ or email: themurraygroup@ubs.com