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401K Rollover

This is a discussion on 401K Rollover within the Info Zone forums, part of the LC Youth Talk category; 401K Rollover For many Americans leaving their current jobs, a 401k rollover is an important step in maintaining maximum control ...


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Old 24-03-2006, 08:40 AM   #1 (permalink)
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401K Rollover

401K Rollover
For many Americans leaving their current jobs, a 401k rollover is an important step in maintaining maximum control of their investments. When you leave a job, or a qualified 401k plan is terminated, a 401k rollover is a special arrangement that allows you to have better control over your future investment choices. The 401k rollover allows you to transfer funds to a new qualified retirement plan or be distributed to the employee, rather than leaving them as part of the past 401k plan. As with all financial transactions, a 401k rollover must be planned for, and done carefully.
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