Experts agree it is important to take your 401k from your employer’s sponsored program, so you have control over the amount of risk in your portfolio. After decades of accumulation, it is prudent to eliminate risk so you do not have to go back to work or lower your standard of living if there is a market collapse.
Upon retirement, risk should be eliminated from a retirement account, which is accomplished by setting up a self-directed IRA. This is done by rolling your 401k into a principal and interest guaranteed account best suited for your retirement goals.
Protect your savings!
ULTRA Advisors can help you customize a plan to transfer your retirement account tax-free, and eliminate risk from your retirement savings by guaranteeing your principal and interest.
Pensions & Annuities
Your pension/annuity has grown in value as you work and contribute to the principal. A downturn in the market may result in a loss, making it an unsuitable investment for retirement.
Guaranteed Principal & Interest Accounts
After many years of accumulation, you should move your retirement account into a guaranteed principal and interest account, so you don't have to go back to work or lower your standard of living if there is a market crash.
Eliminating Market Risk
To protect your retirement account from market risk upon retirement, you should establish a self-directed IRA by transferring the funds from the current group plan with your employer.