• Revenue Cycle Management
  • COVID-19
  • Reimbursement
  • Diabetes Awareness Month
  • Risk Management
  • Patient Retention
  • Staffing
  • Medical Economics® 100th Anniversary
  • Coding and documentation
  • Business of Endocrinology
  • Telehealth
  • Physicians Financial News
  • Cybersecurity
  • Cardiovascular Clinical Consult
  • Locum Tenens, brought to you by LocumLife®
  • Weight Management
  • Business of Women's Health
  • Practice Efficiency
  • Finance and Wealth
  • EHRs
  • Remote Patient Monitoring
  • Sponsored Webinars
  • Medical Technology
  • Billing and collections
  • Acute Pain Management
  • Exclusive Content
  • Value-based Care
  • Business of Pediatrics
  • Concierge Medicine 2.0 by Castle Connolly Private Health Partners
  • Practice Growth
  • Concierge Medicine
  • Business of Cardiology
  • Implementing the Topcon Ocular Telehealth Platform
  • Malpractice
  • Influenza
  • Sexual Health
  • Chronic Conditions
  • Technology
  • Legal and Policy
  • Money
  • Opinion
  • Vaccines
  • Practice Management
  • Patient Relations
  • Careers

How to Roll Over Your 401(k) Into an IRA


Rolling over a 401(k) into an individual retirement account is easy. Just follow these tips and suggestions.

Rolling over a 401(k), into an IRA is easy. My advice to you is to do so using an equity indexed annuity.

Avoid rolling over your 401(k) into a mutual fund, because the next time the market crashes, you could lose money if it’s in a mutual fund.

Equity indexed annuities provide you with safety, and a reasonable rate of return for your money. As the market goes up, your money goes up with it, and when the market goes down, your money is protected, and you don’t lose money.

Equity indexed annuities are issued by life insurance companies. There are many different equity indexed annuities on the market. Get help from a life insurance agent who is experienced with equity indexed annuities, so you select the right equity indexed annuity for you.

A word of caution! Avoid variable annuities, because variable annuities can expose your money to market risk and high fees.

Here is a simple step-by-step way to roll your 401(k) over into an IRA using an equity indexed annuity:

• Get a recent statement for your 401(k) account.

• Contact a life insurance agent who is experienced with equity indexed annuities.

• Tell the agent you wish to roll over a 401(k) into an IRA using an equity indexed annuity. The more information you give the agent, the better he or she will be able to help you.

• The most important part of this process, is finding an agent you trust. Once you find your agent, the rest is easy, because a good agent will do everything else for you.

That’s all there is to it, it’s as easy as 1-2-3.

If you have questions, send me an email to David@TheAlemianFile.com, because I answer every email I get. In the meantime, check out and “like” The Alemian File Facebook page, or simply go to TheAlemianFile.com.Absolutely make sure you come back here next week to Physician’s Money Digest for another edition of The Alemian File.

Related Videos
Victor J. Dzau, MD, gives expert advice
Victor J. Dzau, MD, gives expert advice