If you’re a participant in an employer-sponsored retirement plan and you’re taking a new job with a different employer, or you’re retiring, executing a rollover is a great option.
Two major benefits of rolling an employer-sponsored plan into an IRA are:
There are several ways to move your retirement funds and avoid a taxable event. When moving your IRA or employer-sponsored retirement plan you have the following choices:
- Direct Transfer
- Direct Rollover