Rollover guide · Leaving a job
Moving on from a job?
I’ll help with the old account.
A job change brings new paperwork. Your retirement account doesn’t have to be another thing to figure out alone. I’ll help separate your new payroll decisions from the savings you already have—and coordinate an eligible rollover you choose through our office.
School Retirement Answers · Insurance guidance from Eddie Sandstrom, CRES
Talk with Eddie15-minute introduction · Phone or Zoom · No cost or obligation
New paychecks. Existing savings.
Two separate decisions.
- Your future contributions
- Where new payroll savings go under your new employer’s plan and available providers.
- Your existing account
- What to do with the money in your former employer’s plan. Starting a new account does not automatically move that balance.
I’ll help coordinate questions about plan distribution options, deadlines, fees, access rules, and any outstanding loan with the administrator. You can focus on the new job while we clarify the old account.
To get started: your former employer’s name and your main question are enough. You do not need to upload a statement to start with Eddie.
Give the old account a clear next step.
The comparison includes keeping the former plan, using an accepting new employer’s plan, or rolling eligible funds into an IRA. Availability depends on the plans and account. Cashing out taxable amounts may create income tax and an additional early-distribution tax. We’ll put benefits, costs, and withdrawal access side by side.
IRS: options when employment ends (opens in a new tab)Tell me what’s changing.
Starting a new job, changing districts, or looking at an account you left years ago? We’ll identify the question that needs answering first. For a rollover through our office, I coordinate the provider forms; you authorize the transaction and the administrator confirms plan requirements.
Talk with Eddie about my old accountA previous district’s account—or your spouse’s?
For a former 403(b), I’ll help confirm distribution eligibility with the administrator; the plan and contract determine the available transactions. For a spouse’s ordinary rollover, preserve their individual ownership: their 401(k) goes to their eligible account, not your IRA or a joint IRA.
Personal help applying what you’ve learned.
Tell me about your former-employer account. I’ll explain the choices, help compare the details, and coordinate the provider paperwork if you choose an eligible rollover through our office.
We review existing accounts and offer annuity-funded IRA options—not securities or portfolio-management services. An annuity adds no extra tax deferral inside an already tax-deferred IRA. Costs, surrender charges, and withdrawal limits apply; guarantees depend on the issuing insurer’s claims-paying ability. Annuities are not FDIC-insured.
General education, not individual tax or legal advice. Do not send account numbers, login details, or full statements through this website.
How our office is compensated
There is no charge for our reviews or ongoing service, and no obligation to purchase. If you choose an annuity or another insurance product through our office, the issuing insurance company may pay us a commission. Insurance products may have fees, surrender charges, and other restrictions. Product terms and charges are explained before you decide.