Options may include rolling it into an IRA or a new employer’s retirement plan. Cashing out your 401(k) could leave you with penalties and taxes on your distribution. Many Americans will, at some ...

Switching jobs? You may want to consider what you’d like to do with your 401(k) plan. You can either keep your 401(k) plan with your old employer, cash out, transfer your 401(k) to your new employer ...

Helping clients decide what to do with their 401(k)s after they leave the workforce can be complicated. There are many factors to consider, from investment returns to taxation to inheritance issues ...

I am a 66-year-old retired woman. I left my 401(k) with my old employer – roughly about $300,000 – but now I’m thinking about rolling it over and don't know where to begin. Can you advise me? Rolling ...

I am a 66-year-old retired woman. I left my 401(k) with my old employer – roughly about $300,000 – but now I’m thinking about rolling it over and don't know where to begin. Can you advise me? -Renee ...

Leaving your job can be chaotic, whether you’re retired, laid off, or moving to a new company. Although taking care of your previous employer-sponsored retirement plan may not cross your mind, it is ...

According to a 2024 research report, $595 billion was rolled over from employer plans to traditional IRAs in 2020. That report also stated that 62% of US households—or 25 million—with IRAs rolled over ...

If you have left a job or are near a job shift, you must roll your 401(k) into an IRA. With this smart move, you can cut fees, gain more fund options, and keep all your cash in one spot. No doubt, the ...

A new Roth IRA conversion option for unused money in 529 college savings plans, which went into effect this year, is likely to spur more college savings, according to a new survey from Saving For ...

Learn how much of your unused FSA funds can roll over each year, IRS guidelines, and options like the grace period, ensuring ...

In a recent monthly newsletter, IRA expert Ed Slott discussed the options surviving spouses have when they inherit an IRA. The options can be confusing. You need to choose carefully to maximize your ...