Whether you haven’t started saving or you have a 401 (k) from a previous employer, the new year is a perfect time to make moves toward your retirement savings.
Our CFS* Wealth Advisor can help you with the following investments, and if you roll over an existing IRA or 401(k) to SMCU by April 30, 2018, we’ll give you a $100 gift card. †
Roll over a 401(k)
When you leave an employer, you often end up being charged the fees to manage your 401(k) – consider consolidating all of your retirement accounts to one place.
Transfer an existing IRA
Consolidate assets by transferring an investment account from another financial institution and simplify your life.
Contribute to an IRA
Don’t let the 2017 contribution period go by without making a contribution to an Individual Retirement Account (IRA). You have until the tax return due date (not including extensions) to contribute up to $5,500 to an IRA for 2017 ($6,500 if you were age 50 by
December 31, 2017). The deadline for your 2017 IRA contributions is April 17, 2018, and we can help.
If you would like to learn more, contact the CFS† Wealth Advisors located at San Mateo Credit Union.
†$100 gift card provided to all Credit Union members who roll over their IRA, 401(k), or 403(b) with CFS. Limit of one $100 gift card per member. Offer valid through April 30, 2018. Credit Union members must schedule an appointment with CFS by April 30, 2018 to receive this offer. Must be 18 or older to participate, SMCU reserves the right to provide a rain check or a substitute of equal or greater value. Before deciding whether to retain assets in an employer sponsored plan or roll over to an IRA, an investor should consider various factors, including but not limited to: investment options, fees and expenses, services, withdrawal penalties, protection from creditors and legal judgments, required minimum distributions and possession of employer stock.
*Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: arenot NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. The Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.
CFS representatives do not provide tax or legal guidance. For such guidance please consult with a qualified professional, information shown is for general illustration purposes and does not predict or depict the performance of any investment or strategy. Past performance does not guarantee future results.