401(k) Rollover

401(k) rollovers are used when someone desires to rollover their existing retirement plan into a new individual retirement account. This usually occurs when you change employers or retire. This provides control on how retirement savings are invested. There is no limit on the dollar amount you can rollover from your previous retirement plan or plans.

When you leave your employer or retire, you will need to decide what to do with the money you have accumulated in your employer's existing plan. Let Patrick Financial Group, L.L.C. help educate you to make an informed decision about your 401(k) Rollover and available options.

401(k) Rollover Options
  • Take the money out in cash.
  • Leave the money with your old employer's retirement plan.
  • Transfer the money into a new employer's retirement plan.
  • Transfer the money into a rollover IRA.