Long gone are the days when you’d work your entire adult life at a single job, build up a great pension after 30 or 40 years of service, then retire and live on those pension benefits. In fact, the U.S. Department of Labor estimates that the average American worker will change jobs every three and a half years.
Instead of offering pension plans, employers have shifted to offering 401(k) plans. With a 401(k) plan the obligations are now on the employee to contribute funds directly and to decide how to invest those funds. Employees are also responsible for eventually... Articles Tagged ‘ira rollover’
Advice on How to Move Your Prior Employers 401(k) Plan Money to Your Own IRA
Long gone are the days when you’d work your entire adult life at a single job, build up a great pension after 30 or 40 years of service, then retire and live on those pension benefits. In fact, the U.S. Department of Labor estimates that the average American worker will change jobs every three and a half years.
Instead of offering pension plans, employers have shifted to offering 401(k) plans. With a 401(k) plan the obligations are now on the employee to contribute funds directly and to decide how to invest those funds. Employees are also responsible for eventually...
Thursday, January 5th, 2012
Long gone are the days when you’d work your entire adult life at a single job, build up a great pension after 30 or 40 years of service, then retire and live on those pension benefits. In fact, the U.S. Department of Labor estimates that the average American worker will change jobs every three and a half years.
Instead of offering pension plans, employers have shifted to offering 401(k) plans. With a 401(k) plan the obligations are now on the employee to contribute funds directly and to decide how to invest those funds. Employees are also responsible for eventually... How And Why Should You Rollover Your IRA
When you retire or leave a job, you should seriously consider moving the money you’ve invested in one or more employer-sponsored retirement plans to an individual retirement account (IRA). An IRA rollover is an excellent way to keep your money accumulating tax deferred. Here is some advice about how to rollover your IRA.
When you rollover an IRA, you are transferring your retirement savings to an account at a private institution of your choice (typically a brokerage account), and you choose how you will invest the funds. To preserve the tax-deferred status of retirement savings, the funds must be...
Tuesday, August 24th, 2010
When you retire or leave a job, you should seriously consider moving the money you’ve invested in one or more employer-sponsored retirement plans to an individual retirement account (IRA). An IRA rollover is an excellent way to keep your money accumulating tax deferred. Here is some advice about how to rollover your IRA.
When you rollover an IRA, you are transferring your retirement savings to an account at a private institution of your choice (typically a brokerage account), and you choose how you will invest the funds. To preserve the tax-deferred status of retirement savings, the funds must be... 
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