Browsing Tag
401(k) Rollover
156 posts
A 401(k) rollover is the process of transferring funds from a 401(k) retirement plan to another tax-advantaged account, such as an IRA or a new employer’s 401(k), typically after a job change or retirement. This move helps preserve tax-deferred growth and avoid early withdrawal penalties. Rollovers can be direct (funds go straight to the new account) or indirect (the participant temporarily receives the funds, with a 60-day deadline to redeposit). Proper rollovers prevent taxes and penalties, and give participants more control over investment choices and account management.
Regulator Galvin Investigates Wells Fargo’s 401k Rollover Recommendations
The hits keep happening. Massachusetts Secretary of Commonwealth William Galvin has opened an investigation into Wells Fargo Advisors,…
Why We Urgently Need a ‘Sustainable’ 401(k) Defined Contribution System
America’s defined contribution system is unsustainable—urgently requiring an upgrade to effectively deliver on its intended goal, which is…
What Happened With IRA Balances, Contributions, Allocations and Withdrawals?
The Employee Benefit Research Institute is out with its latest measure of IRA account balances, contributions, withdrawals and…
‘Missing’ 401(k) Participants Get Some Serious Help
Missing Participants Program helps connect workers with abandoned 401(k) savings as PBGC expands efforts to protect retirement benefits.
401(k) Rollovers Roll On, Despite Fiduciary Rule
Traditional IRA rollover strategies remain a top option for retirees seeking control, tax benefits, and investment flexibility in retirement.
3 Fiduciary Issues to Consider if You Advise on IRAs
According to the Investment Company Institute, at the end of the first quarter of 2017, assets in IRAs…
The ‘Problem’ of Small 401(k) Accounts (And What to Do About It)
It’s generally accepted that the small-balance accounts of terminated 401(k) plan participants are a problem. For plan sponsors,…
What Does the Fiduciary Rule Mean for 401k Creditor Protection?
Is it important to factor in safety from creditors during a 401k rollover? How safe was the money…
How to Save Time Comparing 401(k) Rollover Fees
The size and viability of the 401(k) rollover market is as confusing as ever, especially considering the on-again/off-again fiduciary rule.
401(k) Rollovers, Not Contributions, Dominate IRA Assets
IRAs “have drifted very far from their original intent” of helping those who need them most, says Alicia Munnell and crew in a new study.