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401K Rollover

Rolling your 401(K) into another tax-advantaged retirement account such as an individual retirement account (IRA) or another 401(K).

Changing Careers:

401(k) offers four options: 1] roll over the funds to a Traditional or Roth IRA, 2] allow the funds to remain in your former employer’s 401(k) plan or transfer funds to your new employer’s 401(k) plans, and 4] cash out the 401(k) account, which will be subject to tax penalties.

 

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