5 facts to know about retirement plan rollovers
April 22, 2014 by Stephan R. Leimberg, Ben G. Baldwin Jr., Aaron Coates, Robert S. Keebler, Michael E. Kitces
As people retire, they will often have a choice of leaving funds with their previous employer or rolling over the funds to an individual retirement account (IRA). An IRA is somewhat like a pension or profit sharing plan, in that it allows the funds to be held tax-deferred until later withdrawn. Although there are differences, in general, from a distribution perspective, IRAs and profit sharing plans share many commonalities.
Originally Posted at LifeHealthPro on April 22, 2014 by Stephan R. Leimberg, Ben G. Baldwin Jr., Aaron Coates, Robert S. Keebler, Michael E. Kitces.
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