One of the major keys to wealth building it to "capture the gain and avoid the loss". With the Dow taking major hits this week, many are concerned about the status of their 401k. Moving forward in these turbulent times can be nerve wracking. One of the best ways to protect your principle is with the utilization of a floor and a cap, life insurance and annuities both use this strategy to protects the clients principle and growth.

If you are 15 or 20 years from retirement, perhaps you will be able to recoup this weeks losses. If you are closer to your planned retirement, along with working a little longer, an in-service rollover may help.  This is when all or a portion of your 401k funds are rolled into another vehicle such as an annuity, while your are still working for your employer.  The benefit is that many carriers a bonus for all funds transferred in the first year.  The bonus, some stating at 8%, may be able to offset some of the losses.  Contact me today to see how an annuity can protect you now and in the future.