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.
5 New Automatic Rollover Criteria for 401(k) Plan Sponsors
It's incumbent upon plan sponsors to fundamentally 'rethink' these programs
401(k) Advice a Key Part of ‘Offboarding’ Process
Amid “Great Resignation,” helping departing employees transfer their retirement plan assets leads to positive exits, new research finds
What 401(k) Advisors Need to Know About Auto Portability
Despite momentum, there are still plenty of misconceptions
Paycheck or Pot of Gold? MetLife Study Shows Latter Evaporates Quickly
Outcomes of converting a 401k account into an annuity, a lump sum or a combination of the two explored in new study
EBSA Hits ‘Pause’ Button on Dec. 20 Enforcement of PTE 2020-02
In response to industry concerns, new Field Assistance Bulletin 2021-02 pushes Dec. 20 deadline for compliance to Jan. 31, 2022
How Fees Factor in 401(k)-to-IRA Rollover Decisions
Pew survey explores consumer trend to roll over workplace savings into individual retirement accounts—and how advisors can impact decision-making
Dems Poised to Slam Door on Mega-Backdoor Roth IRAs
Closing Roth conversion loopholes used by HNW investors being touted as a way to help pay for Biden Administration’s $3.5 trillion spending bill
Most Retirees Wait Until RMDs to Tap Retirement Accounts
New research paper shows most people don’t tap retirement accounts before required withdrawals (RMDs), and then only withdraw the minimum.
Investors Still Fail at Fee Comprehension and Understanding
Despite the financial industry’s efforts to make fees more transparent, investors are still in the dark. Confusion exists…
Auto Portability Provider Tops $10B Mark in 401(k) Account Consolidations
Cashouts beware! Retirement Clearinghouse, LLC reported today that it has consolidated more than 290,000 retirement accounts, comprising over…