With the advent of the new Department of Labor (DOL) Fiduciary Rule, there has been much focus on the topic of IRA rollovers. The rule hasn't changed the opportunities represented by IRA rollovers. For many clients, rollovers remain and important strategy for achieving their retirement goals. For financial professionals, rollovers can be a powerful way to grow your practice and deepen your value to clients.
In many instances, rolling over your clients' retirement plan assets to an IRA can help them better achieve their retirement goals. Before making this decision, it's important to review key aspects of their financial situation and carefully evaluate the pros and cons that a rollover might offer.
Pacific Life, its distributors, and respective representatives do not provide tax, accounting, or legal advice. Any taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor or attorney.
Pacific Life is a product provider. It is not a fiduciary and therefore does not give advice or make recommendations regarding insurance or investment products.
Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Insurance products are issued by Pacific Life Insurance Company in all states except New York and in New York by Pacific Life & Annuity Company. Product availability and features may vary by state. Each insurance company is solely responsible for the financial obligations accruing under the products it issues.
Variable insurance products are distributed by Pacific Select Distributors, LLC (member FINRA & SIPC), a subsidiary of Pacific Life Insurance Company (Newport Beach, CA) and an affiliate of Pacific Life & Annuity Company. Variable and fixed annuity products are available through licensed third parties.
No bank guarantee • Not a deposit • Not FDIC/NCUA insured • May lose value • Not insured by any federal government agency