An IRA offers a lot of flexibility when turning your retirement savings into retirement income.
Consolidating your money may help you qualify for those services. There are important factors to consider when rolling over assets to an IRA [or an employer retirement plan account/leaving assets in an employer retirement plan account].
Gathering your retirement savings in a single IRA gives you a single account to manage.
Consolidating lets you see your entire income picture with one glance, and you may have an easier time keeping your investment mix in line with your goals.
If you change jobs several times throughout your career, as many individuals do, your retirement plan assets could end up scattered among numerous accounts.
Consolidating your retirement assets in a rollover IRA can help you manage these assets carefully and efficiently over the long term.