If you do that, you typically have just 60 days from the date you received it to roll it over into an IRA. If you fail to meet that deadline, the distribution will be treated as a withdrawal, and you'll be subject to income taxes and possibly penalties on the full amount. A furthe...
“If you love the investment options in your former employer’s plan and you know you’re not paying high fees, then it’s worth comparing them against your own IRA,” Krueger said. If your 401(k) plan’s fees are higher than your own IRA’s charges, you might opt to roll over ...