ABOUT HOSTS

Joe Anderson
ABOUT Joseph

As President of Pure Financial Advisors, Joe Anderson has led the company to achieve over $2 billion in assets under management and has grown their client base to over 2,160 in just ten years of the firm opening. When Joe began working with Pure Financial in 2008, they had almost no clients, negative revenue and no [...]

Alan Clopine
ABOUT Alan

Alan Clopine is the CEO & CFO of Pure Financial Advisors. He currently leads Pure Financial Advisors along with Michael Fenison and Joe Anderson. Alan joined the firm about one year after it was established. At that time the company had less than 100 clients and approximately $50 million of assets under management. As of [...]

Rolling over your 401(k) into an IRA when you change jobs is not always the best option. You must take into consideration fees, institutional investments, the employer’s match and more. Find out if you should “rock” your 401(k) in this segment of “Your Money, Your Wealth.”


0:07 “If you’re going to rock it, if you’re going to keep it in the plan, what are some things that people need to look at?”

0:15 “Your 401(k) fees may be low; sometimes they’re pretty high, so you want to check that”

0:25 “You get penalty-free access at age 55 if you terminate from service”

0:39 “There is special tax treatment on company stock; if you own it inside the 401(k) you can actually pull it out and pay capital gains tax on the majority of that amount”

0:52 “Institutional investments are sometimes available in these 401(k)s that are not necessarily available in your IRA”

1:10 “If you’re working, you do not need to take a required distribution out of your 401(k) if you’re still an active participant”

1:18 “If you work for a larger employer, the fees and the costs of your funds inside those potential 401(k) plans might be lower than you can get on the retail channels”

1:32 “It’s not automatic rolling this thing out, even though a lot of you are doing that, you want to make sure that is the right move for you; so there are some components that might make sense to keep it in the overall 401(k) plan”