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. (more…)
Posts Tagged ‘401k Rollover’
401k Rollover Options – What Types of Accounts Will Accept Your Funds?
Posted by bobrichards on April 13th, 2010
What are the Contribution Limits for Different 401k Rollover Options?
Posted by bobrichards on March 31st, 2010
One of the advantages of having a 401k account is that you can save for your retirement using pretax dollars and defer paying taxes options until the money is withdrawn, when it’s likely that you’ll owe less in taxes than you would now. (more…)
401k Rollover Options – How to Avoid Tax Penalties
Posted by bobrichards on March 26th, 2010
Maybe you’ve changed jobs. Maybe you’ve found that your old employer 401k isn’t performing as well as it could be. Or maybe you have multiple options to rollover 401k accounts from previous employers and you’ve decided that it’s time to get your nest eggs into fewer baskets. For whatever reason, you’ve determined that it’s time to rollover your 401k plan. Now, the challenge becomes how to accomplish that while avoiding tax penalties in your 401k rollover options. (more…)
