Don't leave your retirement assets behind.
If you’ve recently changed jobs or retired, consider rolling over your qualified retirement funds to a New York Life Individual Retirement Account. With a rollover, you can choose from different financial vehicles, gain control of how and where your money is invested, and enjoy the convenience of consolidating all of your retirement assets.
When considering rolling over the proceeds of your retirement plan to another qualified option, such as an IRA, SEP, SIMPLE IRA, Roth IRA, or other type of qualified account, please note that you have the option of leaving the funds in your existing plan or transferring them into a new employer’s plan. You should consult with the Human Resources department of the applicable employer to learn about the options available to you under the plan and any applicable fees and expenses. Tax consequences may apply if you were to withdraw the funds and there are additional tax consequences for transferring stock out of your retirement plan. Please consult with a tax or legal advisor. Neither New York Life nor its representatives can provide legal or tax advice. You should also know that depending on the state where you reside, assets held in a retirement plan may enjoy greater protection from creditors than in other types of tax-qualified vehicles.