Ever wonder what to do with that old pension or 401(k) sitting with a former employer? Do you roll it into an IRA, or leave it right where it is?
In this solo Investment Friday, Hannah Chapman, CFP®, APMA®, CRPC®, breaks down the pros, cons, and key questions to ask before making the move — plus a quick market update you need to know.
This episode explores key factors like cost-of-living adjustments, death benefits, solvency risk, investment flexibility, and legacy planning — so you can make an informed decision aligned with your life, family, and future goals.
Whether you're 35 or 65, understanding your retirement income options can dramatically shift your financial future. The “right” choice isn't one-size-fits-all — it's about aligning your decision with your life goals, family needs, and risk tolerance.
Market Snapshot
Who still has pensions today (FERS, STRS, SERS, legacy corporate plans)
Benefits of keeping a pension (lifetime income, simplicity, creditor protection)
Downsides of pensions (limited death benefits, inflation risk, low growth potential)
Benefits of rolling to an IRA (flexibility, higher growth potential, legacy planning)
Key personal factors: health, life expectancy, spouse, other income sources, risk tolerance
How to review forgotten pensions or old plans
Questions to ask your advisor before deciding
Why fiduciary advice is essential
Connect with Hannah here:
X² Wealth Planning Website: https://x2wealthplanning.com/
Expansive CEO: https://expansiveceo.com/
Hannah's Website: https://hannahrchapman.com/
Instagram: https://www.instagram.com/hannah.chapman.cfp
Facebook: https://www.facebook.com/hannahchapmanfinancialadvisor/
LinkedIn: https://www.linkedin.com/in/hannahrchapman/