How do I rollover my 401k?

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How do I rollover my 401k?

How do I rollover my 401k?When changing jobs, moving your 401(k), or other workplace retirement account, is an important step that can seem complicated and confusing.

When you leave a job, you typically have three options:

  • Rollover the account to your new employer’s 401(k) plan
  • Rollover the account to a self-directed IRA
  • Cash in the account (take the money and run)

Each of these options has its own pros and cons.

Vermillion Financial Advisors can help you evaluate your options and identify your goals. Making the right decision regarding your 401(k) requires having all the necessary information. Your VFA Advisor can provide the expertise to make the correct decision, and preserve your assets throughout retirement.

 

Page Last Reviewed: 1/5/18

 
 


Consult a professional advisor and explore what your 401(k) rollover options are,
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