A 401k rollover to an IRA account typically happens when you leave a job, become disabled or reach age 59 ½. Although you can rollover your 401k to a 401k at your new employer, many people choose to put their money into an individual 401k account.
If you have had several jobs that each had their own 401k, moving your accounts to and individual IRA can make management of your funds easier and more convenient. Instead of having multiple accounts and investment options to track you can manage a...
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