Joe Anderson
ABOUT Joseph

As CEO and President, Joe Anderson has created a unique, ambitious business model utilizing advanced service, training, sales, and marketing strategies to grow Pure Financial Advisors into the trustworthy, client-focused company it is today. Pure Financial, a Registered Investment Advisor (RIA), was ranked 15 out of 100 top ETF Power Users by RIA channel (2023), was [...]

Alan Clopine

Alan Clopine is the Executive Chairman of Pure Financial Advisors, LLC (Pure). He has been an executive leader of the Company for over a decade, including CFO, CEO, and Chairman. Alan joined the firm in 2008, about one year after it was established. In his tenure at Pure, the firm has grown from approximately $50 [...]

Many people end up rolling their 401(k) into an IRA when they change jobs because of the lower fees and Roth conversion advantages available. Joe And Al explain why this option is a smart choice for certain investors.


“As far as rolling it to an IRA, some of the advantages are: if your 401(k) fees are high, you may want to roll it out to an IRA and look at low cost investments; certainly there’s additional investment choices possible. Some of the 401(k)s out there are brokerage accounts and you have the whole world available, but an IRA typically has more investment choices. It’s nice to consolidate and simplify; a lot of people end up with 5,6,7,8,9,10 retirement accounts and it’s hard to manage it that way. If you want to do some Roth conversions, it’s actually better and easier to do it in that IRA versus the 401(k). When it comes to re-characterizations, you can do a little bit more specialty or maybe more advanced moves when it comes to some conversion strategies”