A recent editorial column in USA Today cited the benefits of leaving retirement savings in a 401(k) rather than rolling it into an Individual Retirement Account (IRA) upon leaving a job. The article cites the high cost of retail IRAs and suggested either leaving the money in the former employer’s 401(k) or rolling it into the new employer’s plan.

NADART is pleased to offer deferred accounts for terminated participants, provided the vested account balance is over $5,000. This allows the account to continue to grow on a tax-deferred basis.  If you would like to learn more about NADART’s retirement plans and its array of features, please contact a NADART Representative at (800) 462-3278, ext. 7161 or e-mail nadart401k@nada.org.