IRA Rollovers: What You Need to Know

When considering rolling over assets from a qualified employer-sponsored retirement plan to an Individual Retirement Account (IRA), it's important to understand the advantages and disadvantages of each option. Trinity Wealth provides comprehensive advice to help you make informed decisions that align with your financial goals.

Typically, plan participants leaving an employer have four options: leave the money in the former employer's plan, roll over the assets to a new employer's plan, roll over the assets to an IRA, or cash out the assets and pay the required taxes on the distribution. Each option has its own set of benefits and drawbacks, which should be carefully evaluated.

Factors to consider include fees and expenses, investment options, services, penalty-free withdrawals, protection from creditors, required minimum distributions, and employer stock. While rolling over assets to an IRA managed by Trinity Wealth can provide personalized investment management, it also involves additional fees and expenses. We encourage you to discuss these considerations with your accountant, third-party administrator, or legal counsel to make the best decision for your financial situation.

Who We Serve

Trinity Wealth Solutions provides comprehensive financial and retirement planning, portfolio management, and income tax services to retirees, individuals 5 to 10 years from retirement and clients beneficiaries.  Most of our clients are high-net-worth individuals, families, trusts, and estates. We are committed to delivering personalized solutions that meet the unique needs of each client, helping them achieve their financial goals and secure their future.

We typically require a minimum of $25,000 to open and maintain an advisory account. However, this minimum account size may be waived at our discretion, particularly for clients with significant potential for increasing their assets under management. We also offer the flexibility to combine account values for you, your minor children, joint accounts with your spouse, and other related accounts to meet the minimum requirement.

Our goal is to build long-term relationships with our clients, providing them with the expert guidance and support they need to thrive financially. Whether you are just starting your financial journey or looking to optimize your wealth management strategy, Trinity Wealth is here to help.

Keeping You Informed and Involved

At Trinity Wealth, we believe that regular communication and transparency are key to successful wealth management. We conduct annual account reviews with our clients, providing a comprehensive assessment of their financial planning and asset allocation requirements. These reviews are led by Walter Maziarz, ensuring that clients receive expert advice tailored to their unique needs.

In addition to annual reviews, we provide customized reports to help clients stay informed about their investments. Common reports include balance sheets, asset allocation reports, and asset detail reports. These reports are designed to give clients a clear and detailed understanding of their financial situation, empowering them to make informed decisions.

Clients also receive statements no less than quarterly from a qualified custodian, detailing account holdings and activity. This regular reporting ensures that clients are always aware of their investment performance and can track their progress toward their financial goals.

By maintaining open lines of communication and providing detailed reporting, Trinity Wealth ensures that clients are well-informed and actively involved in their financial planning and wealth management.