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Rollover IRA


What is a Rollover IRA?

Have an old 401(k)? You may want to consider Rollover IRA. This is an account in which you roll over your old employer-sponsored plan(s) into an IRA, without paying taxes or withdrawal penalties at the time of transfer.

Need IRA help? Call 866-855-5636 anytime.

What can you do with an old 401(k)?

  • Roll over to an IRA.
  • Roll over to your new employer’s 401(k) plan.
  • Leave in your former employer’s 401(k) plan.
  • Cash out your money.

Why combine accounts?

  • Administrative fees may be lower.
  • Simplify your overall financial situation.
  • May give you more investment choices that are right for you.
  • 3
    Reasons to consider a Schwab Rollover IRA.

A rollover of retirement plan assets to an IRA is not your only option. Carefully consider all of your available options which may include but not be limited to keeping your assets in your former employer's plan; rolling over assets to a new employer's plan; or taking a cash distribution (taxes and possible withdrawal penalties may apply). Prior to a decision, be sure to understand the benefits and limitations of your available options and consider factors such as differences in investment related expenses, plan or account fees, available investment options, distribution options, legal and creditor protections, the availability of loan provisions, tax treatment, and other concerns specific to your individual circumstances.

Take the next step.

Open a Schwab Rollover IRA today.

Apply Now or call 866-855-5636.

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