Should I Roll Over My Dormant Traditional 401(k)?
401(k)s and IRAs have many unique features that may be beneficial to you, depending on your circumstances. The decision to roll funds out of a former employer’s plan involves more factors than just fees and investment selection.
To help make this analysis easier, we have created the “Should I Roll Over My Dormant Traditional 401(k)?” flowchart. It addresses some of the most common issues that should be considered before doing a rollover, including:
Download your flowchart below!
To help make this analysis easier, we have created the “Should I Roll Over My Dormant Traditional 401(k)?” flowchart. It addresses some of the most common issues that should be considered before doing a rollover, including:
- Common IRA and 401(k) features and differences
- Net Unrealized Appreciation options
- Age-based distribution options
- Taxes and penalties in an IRA versus a 401(k)
- Availability/existence of loans and the impact of a rollover
- Hardship Withdrawals
- Substantially Equal Periodic Payments
Download your flowchart below!
| should-i-roll-over-my-dormant-traditional-401k-2022.pdf |
What Next?
If you have some lingering questions after reviewing the checklist, feel free to schedule a call or come in for a review. You can use the links below.