- How to Roll Over a 403(b) to an IRA
A 403(b) is a tax-advantaged retirement account built for employees of tax-exempt organizations and public school teachers. It works like other tax-advantaged retirement accounts, including 401(k)s offered by private employers and IRAs offered to individuals. In some cases, like when… read more…
- What Is a Direct Rollover?
If you’re considering changing jobs or starting a business, make sure you don’t throw away any retirement funds you’ve built up. Whether you have worked at the same place for decades or are making a career change in your twenties, you can roll an old employer-sponsored 401(k) into a different retirement account tax-free with a… read more…
- How to Roll Over a Thrift Savings Plan to an IRA
The Thrift Savings Plan (TSP) is designed to help federal employees and military service members save for retirement on a tax-advantaged basis. If you decide to leave federal employment, one thing you’ll have to decide is what to do with… read more…
- What Is a 403(b) Rollover?
When planning for retirement, understanding the various options available for managing your savings is crucial. One such option is a 403(b) rollover, a process that allows individuals to transfer funds from a 403(b) retirement plan to another eligible retirement account, such as an IRA or another employer’s retirement plan. This can be an important step… read more…
- This New Rule Will Bring a Big Change to Your Retirement Plan Rollover
Billions of dollars are moved annually from 401(k) plans to IRAs. And starting in July, the U.S. Department of Labor (DOL) will mandate that all financial advisors and brokers comply with a higher fiduciary standard for retirement plan rollovers. Under… read more…
- The 60-Day Rollover Rule for Retirement Plans
If you have more than one retirement account, it’s possible to extend a short-term loan to yourself when you need cash in an emergency. This involves initiating an indirect rollover from one retirement account to another. But there’s just one… read more…
- Should You Get a Home Equity Conversion Mortgage (HECM)?
If you’re of retirement age and want to supplement your income, you may want to consider a Home Equity Conversion Mortgage (HECM). A HECM is a reverse mortgage through the Federal Housing Authority (FHA) that converts your home’s equity into… read more…
- How to Make an IRA Rollover
You found a new job and can no longer contribute to your previous employer’s 401(k) or 403(b). If your new employer offers an equivalent retirement account, you can directly transfer the money from one account to the other. You can… read more…
- 6 Retirement Rollover Mistakes to Avoid
When you’re contemplating a career change, one of the most important decisions you’ll have to make is what to do with the retirement savings you’ve accumulated. If you contributed to a 401(k), 403(b) or a similar employer-sponsored plan, transferring it… read more…