Consolidate your retirement accounts, and let our experts help you determine the right strategy to meet your goals.
Simplify your Traditional IRA, Roth IRA, and prior 401(k) assets into a Rollover IRA at Canandaigua National Bank & Trust. Your retirement plan will become more efficient, and easier to manage and understand. We’ll help you create a personalized plan to ensure that your investment strategy supports your goals. Plus, you’ll receive a higher level of personal service—and our Pledge of Accountability, which includes a money-back guarantee.*
What to Do with Plan Assets from a Previous Employer
You may be considering an IRA rollover due to leaving a past job. CNB can help you through the process with rollover alternatives. Choices for your retirement assets:
- Leave the assets where they are.
Problem: May have limitations under your prior employers plan, and cannot make further contributions
- Move the assets to a new employer's plan.
Problem: New employer may not accept rollovers, may have limitations on investment options
- Withdrawal the assets and incur penalties.
Problem: Could lose nearly half of your income due to Federal and State taxes, along with an additional 10% penalty
- Rollover the assets into an IRA with CNB.
- Continued tax-deferred growth of your retirement income
- Avoids potential taxes and penalties
- Exceptional guidance and support from our experienced Retirement Services Officers
- Wide spectrum of investment options through our ChosenTM Investment Strategies
How to Get Started
Our experienced Retirement Service Officers are available for a personal consultation to help you determine the right investment strategy to meet your needs and goals. You also have the ability to rollover an existing IRA online through two interest-bearing options: money market account or certificate-of-deposit (CD).
It’s a great feeling when everything comes together. So contact us at 585-419-0670 and let our experts develop a retirement plan that supports your goals.
Contact our Retirement Expert:
Vice President, Retirement Services Officer
Certified IRA Services Professional
If you would like additional information, please use the contact us form
or if you would like to speak with a Financial Services Professional, please call 585.419.0670.