Queen Sugar

401(k) Rollover to Your Retirement Wealth

401(k) rollover opportunities are becoming a common event in today’s economy. Current layoffs, early retirement, and changing jobs are all times when contemplation of what to do with your 401(k) comes to the forefront. Any of these qualifying events are an opportunity to rollover your 401(k) to an IRA. Even if you are still with your current employer, you may still be able to do an in-service rollover.

First, congratulate yourself for saving through your 401(k). If your employer matched your savings, your account probably grew at a nice pace and your nest egg may give you a sense of security.  As social security benefits are in doubt, saving for retirement has become a significant goal. Your retirement plan is your financial destiny.