Avoid Mistakes When Selecting Your 401k Rollover Options

Any time you’re trying to decide what to do with an old 401k from a former employer, you’ll want go over all of your 401k rollover options in order to find the right one for your retirement future. Continue reading

Getting to Know Your 401K Rollover Options

You might be surprised to find out that the rollover 401k plan, as one of the older retirement account options, is subject to a greater number of IRS regulations than some of the newer retirement account options that have been developed recently. Continue reading

When to Choose Different 401k Rollover Options

While there are many 401k rollover options for you to choose from, there’s one thing you’ll want to keep in mind before performing any of the viable options mentioned here below – how old are you?  As you might expect, your 401k rollover options are very different if you’re under the minimum retirement age of 59 ½ years old, as you may be subject to additional taxes and penalties if you perform certain types of rollovers at this age. Other rollover options can and will apply if you’re between the ages of 59 ½ and 70. Continue reading

Protect Your Retirement Savings with Different 401k Rollover Options

When you initiate a 401k rollover, be aware that there are two different rollover options for you to choose from – direct or indirect rollover. The former offers greater protection for your retirement savings, while the latter may expose you to a potential tax burden. This isn’t to say that indirect rollover options are always a bad choice – just which the circumstances under which they’re the best choice are few and far between. Continue reading

401k Rollover Options – What Types of Accounts Will Accept Your Funds?

As you’re probably already aware, there are several good reasons to perform a 401k rollover to IRA. However, most of the time, you’ll be considering rollover options when you’re changing jobs or have access to a new IRA that you’ve opened as an individual. Be aware, though, that not all IRAs can accept funds from your 401k account, so you’ll need to do some research before initiating 401k rollover options. Continue reading