Are you making one of the most important financial decisions of your career based on a rule of thumb? Most people assume rolling over an old 401(k) into an IRA is an automatic next step, but blindly following the crowd can cause you to forfeit massive tax advantages, asset protections, and unique planning opportunities.

In this episode of Plan to Prosper, we break down the critical tradeoffs between leaving your retirement funds with a previous employer or executing a rollover. True biblical stewardship requires moving past financial autopilot and carefully analyzing your unique circumstances to honor God with the resources you have been given.

What you’ll learn:

• Why an IRA opens up the entire investing universe, including faith-based options that are rarely available in employer plans

• The "Rule of 55" and how a premature rollover can accidentally trigger a 10% early withdrawal penalty

• How pastors can unintentionally eliminate their tax-free Clergy Housing Allowance by moving assets out of a church-sponsored plan

• The intricate Net Unrealized Appreciation (NUA) strategy that could save you thousands in taxes if you hold company stock

• The stark differences in asset protection between ERISA-governed 401(k) plans and state-regulated IRAs

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Advisory Services offered through Stonecrop Wealth Advisors, LLC, a registered investment advisor with the U.S. Securities and Exchange Commission. This material is intended for informational purposes only. It should not be construed as legal or tax advice and is not intended to replace the advice of a qualified attorney or tax advisor. The information contained in this presentation has been compiled from third party sources and is believed to be reliable as of the date of this report. Past performance is not indicative of future returns and diversification neither assures a profit nor guarantees against loss in a declining market. Investments involve risk and are not guaranteed.