Moving your money from a 401k plan to a 403b plan does not generate any additional tax liability, regardless of how you move it. With a direct transfer, you do not need to report anything on your taxes. However, if you move the money through a rollover, you do need to report it on...
One of your first encounters with the archaic U.S. financial system will occur the first time you need to roll over your 401k/403b. The process is incredibly confusing, involves coordinating with multiple brokerage firms, and can take anywhere from a few days to over a week to complete. ...
A tax-deferred annuity may be classified as qualified or nonqualified. The qualified annuity is either a contributory IRA or a rollover of another plan such as a 403b or 401k plan. These assets are eligible for rollover and conversion into a Roth. A nonqualified annuity is a supplemental ac...