For many years the best action to take with a 401(k) account when leaving an employer was to roll over the account to an IRA. The rollover has been the most frequent IRA transaction, and rollover ...

For some reason in 2023 and early 2024, there has been a wave of layoffs. And once you’re laid off, you have an old 401(k). Now you have options. Do I roll it to my IRA? That’s the most common option.

Fri, April 3, 2026 at 2:35 PM UTC A 58-year-old leaving a job with $1.2 million in a 401(k) faces a decision that looks routine but carries a $47,600 federal tax variable hiding in plain sight. If ...

Dear Action Line: Before I retire, I want to know how to pick options for collecting my pension: lump sum payment or IRA rollover? Any guidance? - T.M., Tulsa Ameriprise Financial offers an online ...

A 63-year-old hospital vice president has roughly six weeks to lock in her pension election. Her plan offers two paths: a $1,400,000 lump-sum cash equivalent rolled into an IRA, or a $77,000 joint-and ...

When you have a pension, you can likely receive it in one of two ways. Choosing annuity payments means you can receive guaranteed income for a lengthy period. This post may contain links from our ...