← Back to Education CenterUnderstand the account before moving the money
Retirement Accounts & Rollovers
Retirement savings can sit in IRAs, Roth IRAs, 401(k)s, 403(b)s, 457 plans, and other qualified accounts. A job change or retirement may create choices about what to do next.
01
Common choices
Depending on the plan and circumstances, assets may sometimes stay in the former employer plan, move to a new employer plan, roll to an IRA, or be distributed. Each choice can have different fees, investment options, services, creditor protections, and tax consequences.
02
Avoid accidental taxes
Moving retirement money can involve important tax and withholding rules. A properly structured rollover is different from simply taking a distribution.
03
Review before deciding
Compare the old plan, any new plan, IRA choices, investment options, expenses, services, and your broader retirement strategy before moving assets.