What is a 401(k) rollover?

Answer A 401k plan is a retirement plan given special tax benefits for retirement savings. A 401k rollover refers to a procedure for removing funds from a 401k account and putting them in another qualifie... Read More »

Top Q&A For: What is a 401(k) rollover

Can you rollover into a 401k?

The Internal Revenue Service allows money to be rolled into a 401k plan from another qualified retirement account such as another 401k plan or an IRA. However, check your 401k plan rules to make su... Read More »

How much money can i roll over from my 401k to an ira rollover?

The Internal Revenue Service does not limit how much money you can roll over from a 401k plan to an IRA. However, if you roll the 401k into a Roth IRA, you must pay income taxes on the amount of th... Read More »

401k Rollover to IRA: Roth or Traditional?

If you leave your employer, rolling your 401k into an IRA allows you to continue investing and control your retirement funds. Choosing the type of IRA, either a traditional or a Roth, can be diffic... Read More »

Should I Rollover a 401k Balance to an Existing or a New Account?

The North Carolina Department of Labor is responsible under North Carolina state law for the implementation of the North Carolina Safety and Health Act governing workplace safety and health standards.