Why Roll Over Your 401(k)? Why Stifel Nicolaus?

There are often many benefits of rolling your old 401(k) into an IRA. First and foremost of these benefits may be better investment selection. In a group retirement plan such as a 401(k), the average number of investments a participant can choose from is usually a dozen or so. In most cases, the plan record keeper has peppered the plan with a lot of its own funds. Stifel Nicolaus, unlike most other national financial advisory firms, has no proprietary mutual funds. This allows Stifel Nicolaus advisors the ability to recommend investments based on each individual's situation, goals, and risk tolerance. With a Stifel Nicolaus IRA, you can choose from a variety of investment options. This added flexibility can give you greater diversification among money managers. While diversification does not ensure a profit or protect against loss, it can help decrease your overall portfolio risk. An IRA provides the ability to further diversify your portfolio by investing in other classes of investments, such as stocks, bonds, closed-end funds, ETFs (exchange traded funds), unit trust, money market funds, and CDs, just to name a few. 

By rolling your retirement assets to Stifel Nicolaus, you will be provided with professional investment advice by a licensed financial advisor who will take the time to understand your investment goals.

Consolidation of retirement assets into a Stifel Nicolaus IRA may help simplify your retirement planning. Stifel’s account statements and online account access can help make understanding your retirement portfolio easy and make recordkeeping easier!

If you roll over your former employer’s retirement account into a self-directed IRA, your retirement savings will have the opportunity to continue to grow tax-deferred. You can no longer make tax-deductible contributions to your old employer’s 401(k) plan. However, with a self-directed IRA, you can continue to make IRA contributions to your retirement account, which may be tax deductible depending on your particular situation.