The MacPherson Investment Team

When you leave your employer, you have several choices to make with your retirement plan.

Generally you can:

• roll it into an IRA;
• move it to a plan with a new employer;
• keep it in your former employer's plan; or
• take your distribution in cash.

There are advantages, disadvantages and potential tax consequences to consider for each option. We can help you understand your options and present strategies that help you make the smart choice for your future.

Investing in Your Future
Keeping your retirement assets invested in a retirement plan or IRA is important for your future goals. In fact, for many people, it will be the primary source of income during retirement.

Consider the tax consequences Distribution $50,000 Less Federal Tax (12,500) Less State Tax (2,500) Less Penalty Tax (5,000) $30,000 $30,000 could be all you see of your original $50,000* distribution

Compare the value of your savings after 20 years $83,476 $30,000 $193,484 $50,000 Take the cash and invest in taxable account Rollover to IRA or retirement plan

Why the RBC Rollover IRA?

• Premier service from your own dedicated financial advisor.
  We work with you to understand your unique needs and goals.
• Personalized investment solutions from a wide range of investment options.
  You can choose from mutual funds, stocks, bonds, FDIC-insured CDs, money market funds, and managed accounts.
• Professional guidance to help you choose your investments.
  Our objective recommendations and retirement planning tools can help you make smart choices regarding your future retirement goals.
• Retirement planning for you and your family.
  We help you plan your future by looking at your total financial health and provide you with a customized plan for creating the future of your dreams.

*Hypothetical example assumes a 25% federal tax rate, a 5% state tax rate, a 10% early withdrawal penalty if under age 59 ½ and 7% fixed rate of return, compounded annually. Your tax rates may be higher or lower