Direct Rollover to a Rollover IRA	Direct Rollover to a New Employer’s Plan	Indirect Rollover to an IRA or a New Employer’s Plan	Leave in Former Employer’s Plan	Cash Distribution
	Benefits	Benefits	Benefits	Benefits	Benefits
	Avoids mandatory 20% withholding	Avoids mandatory 20% withholding	Amount rolled over continues to grow tax-deferred	Balance continues to grow tax-deferred	Money after taxes and penalties quickly in your control
	Avoids current taxes and possible penalty tax if under age 55 1/2	Avoids current taxes and possible penalty tax if under age 55 1/2	Broad range of investment choices available for a Rollover IRA	Avoids current taxes and 10% penalty tax if under age 55 1/2	May be eligible for 10-year tax averaging
	Retirement assets continue to grow tax-deferred	Retirement assets continue to grow tax-deferred	Short-term use of money before it is rolled over	No premature withdrawal penalties
	Allows broad range of investment choices	Retirement assets are consolidated	(Distribution is initially paid to you and then rolled over within 60 days of receipt)	Simplest course of action
	Consolidation of investments	New plan may have a loan feature
	Your money is accessible any time (subject to taxes) and may be subject to a 10% penalty tax if under 59 1/2
	Allows for transfer to a new employer-sponsored retirement plan in the future
	May be eligible to convert to a Roth IRA
	Considerations	Considerations	Considerations	Considerations	Considerations
	Money cannot be borrowed from a Rollover IRA like some employer-sponsored retirement plans	Investment choices limited to those offered by new plan	Amount paid to you that is eligible subject to the 20% mandatory withholding tax	Plan may require your account balance to be $5,000	Distribution subject to 20% mandatory withholding tax
	Withdrawals are subject to taxes and may be subject to 10% penalty if under age 59 1/2	Timing, type and amount of withdrawal determined by the new plan	Amount not rolled over within 60 days subject to additional federal, state and local taxes	Will not be able to make further contributions	Distribution subject to federal, state and local taxes
		May need to be employed for a certain period before being eligible to participate in the plan	10% penalty tax may apply on portion not rolled over if you are under age 55 1/2	Investment choices limited to those offered in former employer’s plan	10% penalty tax may apply if under age 55 1/2
			Investment choices may be limited if rolled over to your new employer’s plan	Timing, type and amount of withdrawal determined by the new plan	Will owe taxes on the entire amount in the current year
			Must file a tax form to apply for a refund of the 20% withheld for taxes	Plan may have a loan feature	May bump you into the next tax bracket for that year
			Must replace 20% withholding with personal money to avoid taxes and possible penalties at time of rollover	May have limited access to your money	Tax-deferred growth opportunity lost
			Lose growth potential on 20% paid out-of-pocket		Overall, up to 50% of your funds could be lost to taxes and penalties
	This information is for educational purposes only and is not intended as investment or tax advice.
	For More Information contact Green Financial at 800-877-8019