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.
Remind Workers About This Retirement Savings Tax Credit
Saver's Credit helps eligible taxpayers cut federal taxes while boosting retirement savings. Learn how to qualify and claim today.
Treasury Department Proposes Longer RMD Age Calculations
Longer lifespans have the Treasury Department rethinking RMD calculations. The government body proposed revisions to the age that…
SEC Charges Advisor Firm, Principals with Defrauding Retired NFL Players
In an extreme case of unsportsmanlike conduct, a former RIA and an attorney who represented a group of…
Top Goal of 401(k) Money Movers: Simplify Finances
The top reason investors say they move money from 401(k) plans and other accounts is to “simplify their…
401(k) ‘Decumulation’ Dilemma Could Devastate DC Participants
As an industry, we’ve been great about helping workers accumulate assets. But when it comes to their 401(k)…
12 Reasons NOT to Roll Over a 401(k) to an IRA
American workers often change jobs and must decide what to do with their 401(k) balances at their prior…
2 in 3 Americans Don’t Know Much About IRAs
Lack of knowledge is the biggest obstacle preventing Americans from investing in an IRA, according to new research…
ICI Defends 401(k) in Wake of Zweig Attack
ICI's Schott Stevens is taking up the 401(k) industry flag in responding to Jason Zweig’s attack on the retirement savings vehicle earlier this month.
Let It Be: Options to Leave Assets in 401(k)s Expand
Discover why retirees keep assets in 401(k) plans over IRAs. Learn insights on health, savings, and retirement planning strategies.
Single Issue That Can Derail the Best-Laid 401(k) Plan
It’s silent, monotonous and often overlooked, but it’s something that is accelerating and becoming substantial for 401(k) plan…