Each time you change jobs, or when you retire, you may be left wondering what to do with the money in your retirement plan. Adding to your concerns are taxes, inflation and the threat of dwindling Social Security benefits. All can have a significant impact on your retirement, so it's important for you to make informed decisions. That's where we can help.

When you own multiple accounts - including 401(k)s, 403(b)s, and other retirement plans - from former employers, you may be able to transfer most of those retirement assets into an IRA for easier management. Our Trust Officers are prepared to help you understand your options, along with the advantages and disadvantages of each.

Key reasons for consolidating retirement accounts include:

  • Your strategy becomes more organized
  • Record keeping and paperwork are reduced
  • Diversifying assets and monitoring account value are simplified
  • Calculating required minimum distributions is easier
  • Tax deferral is continued

Products offered by Asset Management & Trust: ·Not FDIC insured · May go down in value · Not financial institution guaranteed · Not a deposit · Not insured by any federal government agency.

The information in this website is for US residents only.