Your old 401(k) deserves a smarter future.

At Falkor Financial, we transform rollover confusion into clarity—helping you avoid penalties, unlock better investments, and secure your retirement savings with confidence. Whether you're changing jobs or planning retirement, let's make your money work harder for you.

Why Consider a 401(k) Rollover?

When leaving a job or retiring, you have 4 options for your old 401(k):

  1. Roll Over to a New Employer’s Plan (if allowed)

  2. Roll Over to an IRA (More investment choices & potential lower fees)

  3. Cash Out (Taxes + 10% penalty if under 59½)

  4. Leave It (Limited control; possible higher fees)


A strategic rollover can help you:
✓ Avoid taxes & penalties (if done correctly)
✓ Gain access to more investment options (stocks, bonds, ETFs, annuities)
✓ Consolidate accounts for easier management
✓ Reduce fees compared to old 401(k) plans

Rollover Options Compared

Option  

Pros   

Cons   

Best For

Rollover to IRAMore investment choices; potential lower fees     No loan options (unlike 401k)Those wanting flexibility & control
Rollover to New 401(k)    Keep all retirement funds in one placeLimited investment optionsEmployees happy with new plan
Convert to Roth IRATax-free growth & withdrawalsPay taxes now (strategic for low-income yrs)     Those expecting higher future taxes
Annuity RolloverGuaranteed lifetime incomeLess liquidity; fees varyRetirees wanting income security

Key Rollover Mistakes to Avoid

❌ Taking a Cash Distribution (20% withheld for taxes + possible 10% penalty)
❌ Missing the 60-Day Deadline (IRS requires funds deposited within 60 days)
❌ Rolling into High-Fee Accounts (Compare expense ratios)
❌ Forgetting RMDs (Required for inherited 401(k)s/IRAs)

When Should You Roll Over?

✅ Changing Jobs – Consolidate old 401(k)s into an IRA
✅ Retiring Soon – Optimize for income (e.g., annuities, dividend stocks)
✅ Seeking Lower Fees – Many IRAs offer cheaper funds than 401(k)s
✅ Planning for Taxes – Roth conversions in low-income years

Next Steps with Falkor Financial

  1. Review Your Old 401(k) – Check fees, investments, and rules.

  2. Choose the Right Account – IRA, Roth IRA, or new 401(k)?

  3. Execute a Direct Rollover (Avoid taxes by transferring funds directly)

  4. Invest Strategically – Build a diversified portfolio for growth & income.


Schedule a Free Consultation – Let’s optimize your retirement savings!


Falkor Financial – Your Trusted Retirement Advisors
"Helping you roll over with confidence, not confusion."