401k Rollover

Let's face it. With the current economic situation, many investors have realized that they are going to have to retire later. So many people incurred big losses on their 401k plans and are wondering how they are going to recuperate all of the funds they have lost. There are big reasons to rollover a 401k to an IRA and they all have to do with maximizing your returns and getting back some of what you have lost.

Here are 5 of those reasons that you should take some time to ponder.

1. 401k plans are controlled by your employer so inevitably the investment venues chosen are going to benefit the company more than you. One of the biggest reasons to rollover a 401k to an IRA is to be able to choose your own investment venues in order to maximize your returns.

2. 401k plans cannot be truly self-directed. You may have heard that the best way to increase your returns is through self-directing your account and while self-directed 401k plans do exist, they are not nearly as flexible as self-directed IRAs. For example, employers commonly only allow a portion of a 401k plan to be self-directed. Furthermore, it's up to your employer to change plans or companies whenever they want and you are forced to bite the bullet if you don't agree with those changes.

3. One of the other big reasons to rollover a 401k to an IRA is to increase your investment options. With 401k plans you are limited to stocks and mutual funds chosen by your employer but when you self-direct your account you have a much wider range of options. You can invest in real estate, partnerships, franchises, gas and oil fields, private equity, tax liens, and more.

4. When you self-direct your account, you are ultimately in control of your investments. You will make the decisions that matter and not just have to wait for the quarterly reports to come in. That doesn't mean however that you alone will be solely responsible for the account. You will be helped every step of the way by an account custodian of your choosing.

5. The big reasons to rollover a 401k to an IRA mostly have to do with increasing returns. The hands down best way to maximize your investment returns is by investing in real estate. It's not smart for someone who is not versed in real estate investment to delve into it. That's why you need to find a company that can help you. There are companies out there that can help you get the most out of your retirement investments and guarantee to double your returns or pay the difference.

Your next step? Take this information and start looking for a company that will help you roll over your 401k to an IRA and invest in real estate.

As you may have gathered, there are big reasons to rollover a 401k to an IRA.

If you want to maximize the returns on your investment and build a financially secure retirement, your best bet will be to rollover to a self-directed IRA.

401k plans simply don't offer the necessary flexibility and options to help you achieve your financial goals.