Browsing Tag
401(k) Rollover
160 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.
Why IRA Rollovers Matter When a 401(k) Plan Terminates
There are circumstances—mergers, acquisitions, and bankruptcies, among others—that cause companies to reevaluate and, in some cases, terminate their…
Companies Look to Keep Former Employees’ 401(k) Assets
It’d be nice if they made up their mind. First we’re told portability is key, and to take…
Good News for Fiduciary and 401(k) Rollovers
Whoa—what’s this? A bit of good news on the 401(k) fiduciary front? For those advisors doing it right…
How to ‘Recycle’ a Participant’s Old 401(k)
First it was 401(k) auto-enrollment, then auto-escalation and now auto-portability. Necessity is the mother of invention—and it certainly…
Why is IRA Rollover Superstar Ed Slott So Happy?
ED SLOTT won’t let us off the phone. Despite a number of awkward attempts to bring the conversation…
3 Biggest 401(k) Rollover Mistakes: Ed Slott
Advisors who engage high-profile 401(k) rollover expert Ed Slott in conversation or hear him speak to larger audiences are treated to an…
Why the Time is Right for Rollovers
From the inaugural issue of 401(k) Specialist magazine: It’s official, 401(k)s experienced net outflows for the first time,…
Rollovers Will Cause IRA Assets to hit $12 trillion by 2020: Cerulli
Need more proof the IRA rollover wave is officially underway? Consider that total IRA assets will hit $11.7…
No Country for Old 401(k)s
Call it a paralysis of analysis—what should be done with old 401(k)s when starting a new job? Clients…
More Protections Needed for Inactive 401(k) Accounts: GAO
Who doesn’t dream of a call from the state treasurer informing them that they’re the legal recipients of…