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Can Be A Good Fit For Someone Who Is retiring, changing jobs (including starting a business), has one or more 401(k) plans at former employers, wants to save money on fees, no longer wants to manage several accounts and multiple statements, and wants the potential for long-term growth

Before considering an IRA rollover, you and your client should carefully consider other options available including: leaving money in the current retirement plan; rolling assets into the new employer plan; or installments or annuity payments (if applicable). Each situation is unique. In some cases, it may be beneficial for a client to leave assets in their current plan.
Type Of Assets Accepted 401(k) rollovers, 403(b) rollovers, government 457 rollovers, and IRA rollovers, including Traditional IRA rollovers, SEP-IRA rollovers, Roth IRA rollovers, and Inherited IRA rollovers
Minimum Age 18
Minimum Initial Contribution $10,000
Minimum Additional Contributions $1,000 or $100 for contributions made through monthly Electronic Funds Transfer (EFT)
Freedom To Change Your Mind No fees to set up an account, no fees to withdraw assets, no charge for rebalancing or reallocating1
Fund Options More than 150 mutual fund options from the country's premier fund managers. That's more than five times what the typical 401(k) plan offers2
Fees
Total Assets Annual Recordkeeping Fee
$100,000+ 0.40%
$50,000-$99,999.99 0.50%
$25,000-$49,999.99 0.60%
Less than $25,000 0.75%
Other Features Available
(At No Additional Charge)
Dollar-Cost Averaging3, Automatic Rebalancing, Systematic Withdrawals, and Automatic Required Minimum Distributions
(Dollar-Cost Averaging and Automatic Rebalancing are not available together.)

Fund options and associated standard mutual fund fees are as of 5/31/2017. Standard mutual fund fees, ranging from 0.54%-2.67% net, also apply.

1 Excessive Trading Policy: more than one "round trip" involving the same investment option within a 60-calendar-day period is considered excessive trading. Please review the Disclosure Statement & Custodial Account Agreement of the LiveWell® Mutual Fund IRA booklet.

2 Benchmark your 401(k) Plan – 2015, 401kHelpCenter.com, 2015.

3 Dollar Cost Averaging does not assure a profit or protect against loss in a declining market. Such a plan involves continuous investment in securities regardless of fluctuating price levels of such securities. Investors should consider their financial ability to continue purchases through periods of low price levels.

The recordkeeping fee is compensation for administering, reporting, and maintaining a history of IRA owner activities. Management services are not provided and no management fee is charged.

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Investing in mutual funds involves risk, including potential loss of investment. You and your client should consider the investment objectives, risks, charges, and expenses carefully before investing. The prospectus and/or summary prospectus contain this and other information. You or your client can call 866-747-3421 to obtain a current fund prospectus. Please read it carefully.

Securities distributed by Sammons Financial Network® LLC, member FINRA. Sammons Retirement Solutions® Inc. provides administrative services. Sammons Financial Network® LLC and Sammons Retirement Solutions are affiliated companies and indirect wholly owned subsidiaries of Sammons Enterprises, Inc. of Dallas, Texas.

Please click here to view important product-specific disclosures for the LiveWell® Mutual Fund IRA.

NOT FDIC/NCUA INSURED, MAY LOSE VALUE INCLUDING LOSS OF PRINCIPAL, NO BANK/CU GUARANTEE, NOT A DEPOSIT, NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY.

FOR INSTITUTIONAL USE ONLY. NOT INTENDED FOR CONSUMER SOLICITATION PURPOSES.