What happens to my retirement plan if I change jobs or retire?

If you change jobs or retire, your Franklin Templeton retirement plan remains intact and continues to grow. You have several options available to you. Firstly, you can leave your retirement savings with Franklin Templeton, where it will continue to be managed and invested. This allows you to maintain the tax advantages of your plan. Alternatively, you may choose to roll over the funds into your new employer’s retirement plan if they allow it. This enables you to consolidate your retirement savings and potentially benefit from the investment options offered by your new plan. Finally, you may also decide to roll over your retirement savings into an individual retirement account (IRA), providing you with more control and flexibility over your investments. It is important to evaluate these options based on your specific circumstances and consult with your financial advisor to make the best decision for your retirement goals.