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401(k) Rollover Basics: Steps to Complete a Direct Rollover

YouTubeJustin Pritchard, CFP® on Retirement Planning

401(k) Rollover Basics: Steps to Complete a Direct Rollover

Here are the steps to transfer a 401(k) plan to your IRA or your next job’s 401(k). Start by contacting your former employer and requesting the rollover. In many cases, the cleanest approach is a “direct rollover,” which means the check will be payable to the new retirement account (instead of payable to you personally). That can prevent ...

899 views4 weeks ago

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