Avoid These 3 Critical Mistakes During a 401(k) Rollover

·3 min read
Avoid These 3 Critical Mistakes During a 401(k) Rollover

When you decide to do a 401(k) rollover, you have two primary options: a direct rollover and an indirect rollover. With an indirect rollover, the money gets paid to you, and then it's up to you to take it and put it into a rollover IRA within the required period as defined below. With a direct rollover, you don't touch the money that's being rolled over; it goes from your old plan to your new plan.

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