Contributing after-tax dollars to a 401(k) might appeal to you if you'd like to be able to withdraw funds tax-free in ...

Understanding the limits imposed by the Internal Revenue Service (IRS) on IRA rollovers might be a crucial aspect of ...

The 401 (k) rollover process is rife with inefficiencies, which can turn a routine task into a multi-week or multi-month process. PensionBee’s data reveals that over 40% of people who try to rescue a ...

For many years the best action to take with a 401(k) account when leaving an employer was to roll over the account to an IRA. The rollover has been the most frequent IRA transaction, and rollover ...

A 401(k) rollover to a new employer’s plan offers simplicity and tax-deferred growth, ideal for those with strong plan options. Converting a 401(k) to a Roth IRA provides tax-free withdrawals and ...

According to a 2024 research report, $595 billion was rolled over from employer plans to traditional IRAs in 2020. That report also stated that 62% of US households—or 25 million—with IRAs rolled over ...

The IRS issued a procedure for taxpayers to make a limited claim of eligibility for a waiver from the 60-day deadline for rolling over distributions from a retirement account into another qualified ...

The recently proposed Retirement Simplicity and Clarity Act would expand in-service rollovers to include annuities. In-service rollovers currently provide active employees with the ability to move ...

IRA rollovers from defined contribution plans are set to surge over the next five years, with LIMRA projecting the market will reach $1.15 trillion by 2030 – a 34% increase from this year’s estimated ...