There are a number of situations where it makes sense to roll your old 401(k) assets into an IRA.
- You don't know what to do with your old 401(k) and need a Rollover IRA after a
- You have multiple 401(k) plans from previous jobs.
- Your previous 401(k) isn't performing to its potential.
- Your previous 401(k) is overly dependent on one company.
While it takes no effort to leave your old 401(k) where it is, every day you don't assess your 401(k) rollover options, you are missing out on a number of possible benefits:
Guidance Through the Rollover IRA Process
T. Rowe Price offers top-ranked investment guidance specialists who will help you through every step of the Rollover IRA process, from contacting your former employer to highlighting the funds that are right for you.
Did you know? Our investment guidance specialists do not earn commissions or impose sales charges.
Call our investment guidance specialists today to learn more about 401(k) rollover options and rules.
Gain Freedom With More 401(k) Rollover Options
Enjoy a wider range of 401(k) rollover investment options that allow you to diversify your portfolio in the way that will make you feel most comfortable. T. Rowe Price offers over 90 no-load mutual funds.
Did you know? Over 70% of our funds beat their 10-year Lipper average for the period ended 9/30/13. Results will vary for other periods. Past performance cannot guarantee future results. All funds are subject to market risk, including possible loss of principal.1
- View our wide selection of Mutual Funds
You may need access to cash immediately but don't want to cash out all of your retirement savings. A Rollover IRA allows you to take a full or partial IRA distribution at any time.2
Did you know? Taking a cash distribution may have a long-term effect on your retirement savings.
- See how much with our Rollover IRA Distribution Calculator
1Based on cumulative total return, 125 of 188 (67%), 130 of 176, 126 of 161, and 92 of 112 funds (including all share classes and excluding funds used in insurance products) outperformed their Lipper average for the 1-, 3-, 5-, and 10-year periods ended 9/30/13, respectively. Not all funds outperformed for all periods. Fund returns have been affected by market volatility and are negative for certain periods. (Source for data: Lipper Inc.)
2You may take a withdrawal from your IRA at any time. However, a withdrawal from a Rollover IRA will generally be taxable as ordinary income. Additionally, the taxable portion of a withdrawal may be subject to an additional 10% early distribution penalty assessed by the IRS.