IRA & 401(k) Rollovers
Moving retirement accounts without costly mistakes.
Rolling over an old 401(k) or consolidating IRAs is one of the most common retirement decisions — and one of the easiest to get wrong. This track explains how rollovers work, the difference between direct and indirect transfers, and the mistakes that can trigger taxes or penalties.
As an independent insurance professional, Tim can review your accounts and your options in a free, no-pressure conversation.
What you'll learn
- Understand the difference between a direct and an indirect rollover
- Avoid the common mistakes that trigger taxes or penalties
- Know your options for an old 401(k) when you change jobs or retire
- See how consolidated accounts can simplify your income plan
Guides & articles
Video lessons
Short video lessons for this track are in production. In the meantime, the guides above cover the same material in depth, and you can explore all resources.
Frequently asked questions
What's the difference between a direct and indirect rollover?
A direct rollover moves funds straight between custodians and avoids withholding. An indirect rollover pays you first and must be redeposited within 60 days to avoid taxes and penalties.
What happens to my old 401(k) when I leave a job?
You generally can leave it, roll it to a new employer's plan, roll it to an IRA, or cash out (often the most costly choice). The track walks through the trade-offs.
Can a rollover trigger taxes?
A properly executed direct rollover is not taxable. Mistakes — like missing the 60-day window on an indirect rollover — can trigger taxes and penalties.
Ready to Apply This to Your Plan?
Schedule your complimentary, no-pressure Retirement Income Review with Tim. Call (727) 692-5866 or book below.