ROLLING OVER A PENSION PLAN INTO AN IRAThomas Watterson, Globe Staff
There are a variety of different options available to you when it comes to rolling over your 401k retirement plan. You can rollover into a traditional retirement plan or you can rollover into other plans such as a precious metals IRA (also known as agold IRA). Further, you have the choice...
maintaining the 401(k) plan gives you an option tobegin taking distributions prior to age 59½without penalty. If you rollover your 401k to an IRA or to a new employer’s 401k plan, this option is lost.
When employees leave a job that had a company retirement plan, it's customary to roll over the balance in the plan's401(k)into atraditional individual retirement account (IRA). This allows the person to continue deferring taxes until they retire and begin taking distributions. ...
Rolling over a 401(k) account into an IRAKenneth Hooker
Your 401(k) Rollover Options When Changing Jobs, There Are Benefits to Rolling over a 401(k) into an IRA
When Pension Money Is at Stake, Try an IRA Many Employees Leaving a Company Are Rolling over Pension Money into Individual Retirement Accounts
The article offers advice on transferring 401(k) into individual retirement accounts (IRA). Though tax charges discourage such move, some companies entice retiring employees to do so. But Alison Borland, a consultant with Hewitt Associates, says that 401(k) investors enjoy lower fees than retail...
Commentary: Rolling 401(k) into an IRA Can Make SenseSomverille, Sean