401(k) rollover and lump-sum distribution
One of the most important ways to save for retirement is through an employer-sponsored 401(k) program. When you change jobs and receive your 401(k) proceeds to rollover, or are presented with another form of lump-sum distribution, it's important to take immediate action.
Your Bremer Trust retirement professional makes it easy for you to avoid federal penalties and keep your funds working for you. We can help you take advantage of IRS regulations governing required minimum distributions from 401(k) accounts.
If you need to rollover your 401(k) plan assets, don't delay. Taking a lump-sum distribution from your 401(k) will lead to the following:
Contact a Bremer Trust relationship manager today .
Bremer Financial CorporationBremer Financial Corporation is a privately-held, $7.8 billion regional financial services company jointly owned by its employees and the Otto Bremer Foundation (OBF). Founded in 1943 by Otto Bremer, the company is headquartered in St. Paul, Minnesota and provides a comprehensive range of banking, investment, trust and insurance services to more than 100 locations in Minnesota, North Dakota and Wisconsin. OBF uses its share of dividends to distribute charitable grants to Bremer Bank communities.
Products and services offered through Bremer Insurance and Bremer Trust are not insured by FDIC, are not a deposit or other obligation of, or guaranteed by, the depository institution, and are subject to investment risks including possible loss of the principal amount invested.Bremer Bank is Member FDIC – Equal Housing Lender
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