Ira rollover

Published on June 2016 | Categories: Types, Business/Law | Downloads: 23 | Comments: 0 | Views: 238
of 2
Download PDF   Embed   Report

How to roll over your IRA



When you open a Sentinel Rollover IRA account, you can focus your attention...

Sentinel makes it easy to open a Rollover IRA.
Our Retirement Specialists will do all of the work for you. We will help you complete the paperwork to move your money from your current retirement plan to your own Individual Retirement Rollover Account. Once your Rollover IRA is open, our investment professionals will create an investment plan to help meet your personal financial goals and objectives. Let Sentinel help you prepare for retirement. It’s easy.

Why Open a Rollover IRA with Sentinel?
No fee for IRA account with minimum balance1 No inactivity fees Over 12,000 mutual funds available from more than 250 different mutual fund companies and more than 1,000 mutual funds offered with no transaction fees Simple and consolidated online financial reporting Flexibility to manage your account online or to work with a dedicated Financial Consultant Fully interactive brokerage system to access quotes, enter and receive verification of executed orders, obtain account balances, and request investment research 24/7 through Dow Jones and Standard & Poor’s Flexibility to have your retirement income paid directly to any bank account or paid to you by check


There are no brokerage account fees on Sentinel’s Traditional, Roth, and Rollover IRAs for accounts that maintain a balance of $25,000 or more and invest exclusively in No Transaction Fee mutual funds. Fund expenses still apply. Other fees and expenses applicable to continued investment are described in the fund's current prospectus and may include short-term redemption fees. Please read the fund prospectus before investing. * There is no guarantee that any investment portfolio will achieve investment objectives. Your value invested will vary. Investments of this type are neither insured nor guaranteed by the Federal Deposit Insurance Company, or any other U.S. government agency.


What is a Rollover IRA?
It is a specific type of Individual Retirement Account (IRA) designed for people that may be changing jobs, have retirement assets in their former employer’s retirement plan, and want to continue to invest in a tax-advantaged account under their control. A Rollover IRA allows you to consolidate your retirement balances held in former employer plans to better manage your money, monitor your savings progress, and better plan for retirement.

Sizing Up Your Options
Money grows tax-deferred Range of investment choices Investment advice
Ability to consolidate former employer’s plan assets with that of new employer’s

Sentinel Rollover IRA
Yes Yes Yes N/A Yes Yes Yes Yes Yes Yes No
Over 12,000 mutual funds

New Employer’s Plan

Former Employer’s Plan

Depends on the plan Depends on the plan Depends on the plan Depends on the plan Yes, but new employer may impose a waiting period

Depends on the plan Depends on the plan

Depends on the plan

Ease of monitoring investments Can continue contributions
Penalty-free withdrawals for first home purchase and college expenses

No No Yes Yes
Not typical Not typical

No Yes Yes
Not typical Depends on the plan

Assets protected from creditors Flexible beneficiary designations Systematic withdrawals Ability to take loans

Get Started
Ca ll a S ent in el Rol lo ve r Sp ec ia li st a t 88 8-8 80- 13 30 f or an sw er s to q ues ti ons ab out r oll in g ov er y our ac c ount or f or how to b eg in t he tra ns fe r p roc es s.
* Independent investment advice is provided by Sentinel Pension Advisors, Inc. (SPA). SPA is a Registered Investment Advisory firm that provides independent advice to individuals for a fee. Please review SPA’s Form
ADV, Part II before engaging advisory services.

* The taxable portion of your withdrawal that is eligible for rollover into an individual retirement account (IRA) or another employer's retirement plan is subject to 20% mandatory federal income tax withholding, unless it
is directly rolled over to an IRA or another employer plan. (You may owe more or less when you file your income taxes.) If you are under age 59½, the taxable portion of your withdrawal is also subject to a 10% early withdrawal penalty, unless you qualify for an exception to this rule. The plan document and current tax laws and regulations will govern in case of a discrepancy. Be sure you understand the tax consequences and your plan's rules for distributions before you initiate a distribution. You may want to consult your tax adviser about your situation. * There is no guarantee that any investment portfolio will achieve investment objectives. Your value invested will vary. Investments of this type are neither insured nor guaranteed by the Federal Deposit Insurance Company or any other U.S. government agency. * Securities offered through Sentinel Securities, Inc. member FINRA, & SIPC. * Date of first use 1/24/08.

Sponsor Documents

Or use your account on


Forgot your password?

Or register your new account on


Lost your password? Please enter your email address. You will receive a link to create a new password.

Back to log-in