A 401k rollover is moving your eligible retirement funds, such as money invested in plans like a 401k, 403b or 457. When you no longer work for an employer, you can choose to transfer or "rollover" your retirement plan into an IRA account. The process, "401k Rollover" is also known as "IRA Rollover". With a direct rollover, your retirement money continues to receive a tax-deferral, and you can continue to build tax-deferred savings when you change employers with a direct rollover. |
