If you’re wondering whether or not you’re eligible for a 401k rollover IRA account, chances are you’re currently in the process of changing jobs or have recently been encourage opening a privately held IRA. In most cases, 401k accounts are tied to employment and are offered as a benefit by the employer to attract and retain good employees. (more…)
Posts Tagged ‘Rollover IRA Account’
The Benefits of a Rollover 401k IRA Account
Posted by admin on April 16th, 2010
If you have money in a 401k account and are in the process of changing jobs, be aware that there are a number of benefits to establishing a rollover 401k IRA account. In almost all cases, rollovers are better than withdrawals or payouts, as they allow you to continue saving money for your retirement and to defer taxes on the money you’re saving in 401k rollover account. (more…)