401(k) Rollovers

A 401(k) rollover is a process by which you can transfer the funds from your current 401(k) plan to another retirement account, such as an IRA. This allows you to maintain control of your retirement savings and potentially benefit from different investment options or lower fees. A rollover also gives you more flexibility in how you manage your retirement investments. To complete a 401(k) rollover, you will need to contact both your current plan administrator and the new custodian of your funds. You will then need to fill out paperwork and provide instructions on where the money should be transferred. The entire process typically takes several weeks to complete.