What's So Great About a Rollover

What's So Great About a Rollover

Changing jobs can be a tumultuous experience. Even under the best of circumstances, making a career move requires a series of tough decisions, not the least of which is what to do with the funds in your old employer-sponsored retirement plan.

Some people choose to roll over these funds into an Individual Retirement Account, and for good reason. Just over 28% of all retirement assets in the U.S. are held in IRAs, and just under 50% of traditional IRA owners funded all or part of their IRAs with a rollover. 

Generally, you have three choices when it comes to handling the money in a former employer’s retirement account. 

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