Our articles, research studies, tools, and reviews maintain strict editorial integrity; however, we may be compensated when you click on or are approved for offers from our partners.

How does a 401(k) rollover work?

| MoneyRates.com Senior Financial Analyst, CFA
min read


If you are switching to a new employer that also has a 401(k) plan, you can have the money rolled over from one plan to another without any tax consequences.

Some 401(k) plans now have both traditional and Roth 401(k) features. For tax reasons, it is very important when rolling over to make sure traditional 401(k) balances go into a traditional 401(k) at your new employer, and that Roth 401(k) balances go into a Roth 401(k) plan.

Why some retirement dollars are worth more than others

0 Comment