Beagle Financial Services Can Help You Get More Out of Your Old 401(k)

Are you looking for a way to get more out of your old 401(k) account? If so, you should check out the services offered by Beagle Financial Services. They can help you find out which accounts you have and how you can take out a loan from them. Plus, they can offer you some peace of mind about your retirement.

Find your old 401(k) accounts

Beagle Financial Services is one of the best ways to find your old 401(k) accounts. They have a simple, easy-to-use interface and can consolidate your retirement accounts. This means that you don’t have to worry about handling your old accounts on your own.

It’s important to keep track of your 401(k)s. You’ll want to check them at least once a quarter, or more often if you’re making large expenses. If you’re unsure where to begin, use the free services offered by the U.S. Department of Labor.

Another option is to contact your former employer. You may be able to get information on your account through their human resources or accounting department. The company can also provide you with an electronic copy of your plan statement. These statements contain your account number and contact details.

You can also search for your 401(k)s online. You’ll want to have your Social Security number on hand, as well as the dates of your employment. There are several companies that offer this service, and many charge a small fee.

Take out a loan from your old 401(k)

If you are looking for a way to take out a loan from your old 401(k), Beagle Financial Services might be a good option. They offer a 0% interest loan from your old account and are very affordable.

There are a few things you need to know before you decide to take out a loan from your 401(k). The first is the minimum loan amount. You can’t borrow more than 50% of your vested balance. However, special circumstances may allow you to borrow more than that.

A 401(k) loan has less interest than a credit card, but the downside is that the money you borrow isn’t invested until it’s repaid. This means you lose the opportunity to benefit from the compounding effect of investment growth.

When you sign up with Beagle, they’ll track down your old 401(k) accounts. Their technology will also help you roll over the money to a new account.

As part of their service, Beagle will also help you review your plan fees. This can be important if you are worried about losing funds. Also, if you need financial coaches to help you plan for retirement, they’ll be able to locate them for you.

Forecast risk to help investors make better financial decisions

A recent study commissioned by the Government of Canada revealed that Canadians are more inclined to make a wise financial choice than they were five years ago, and this is a good thing for the economy. As a result, the government has put out a number of recommendations to guide Canadians through the maze of options. For example, there are several new tax incentive programs in the works. One of the most notable is a program aimed at enhancing financial literacy. To be fair, the program has its drawbacks, but it is still an improvement over the way things were handed down a few decades back.

The main problem is that most investors aren’t as well informed as they could be, and thus a slew of missteps lingers. With the help of a competent and educated professional, the task of weeding through the hundreds of investment offerings can be a walk in the park.

Get some peace of mind with your retirement

Beagle Financial Services provides employees with a financial concierge to help them save money on retirement. The service offers one-click 401(k) rollovers that help customers consolidate all of their retirement accounts. And they offer investment management services for a low monthly fee.

Beagle helps investors discover old 401(k) accounts, and then helps them unlock them. They also assist with rolling over old 401(k)s to a new workplace plan or IRA. You can get a loan from an old 401(k) or IRA, and pay 0% interest. When the loan is paid back, you can reinvest the money in the market.

One of the best features of Beagle is that it searches for all fees you’ve paid, and shows you exactly how much you’re owed. Some 401(k) services hide fees in the fine print, and this can eat away at your savings.

Another useful feature is that Beagle will show you how to reduce fees by up to three times. By using a variety of tools to cut costs, you can save thousands of dollars.

Related posts