Rollover IRA / IRA Rollover

Rollover IRA and IRA Rollover are terms that can be used interchangeably. A Rollover IRA is a tax free transfer of funds from a ex-employer’s retirement plan such as a 401k, 403b, 457 or Thrift Savings Plan  to an IRA. When you change jobs you are entitled to distribute or “rollover” your previous employer's retirement plan to a Rollover IRA.

By rolling over an ex-employer’s retirement plan into a Rollover IRA, you maintain the tax deferred status of your retirement account.  Also, a Rollover IRA will allow you to consolidate all of your ex-employer’s retirement accounts into one IRA, making it easier to manage your retirement investments.

A significant advantage of a Rollover IRA versus leaving your retirement assets with an ex-employer is increased investment flexibility.  A client with a BCM Rollover IRA can invest in stocks, bonds, institutional money managers and over 10,000 mutual funds.

Learn more about the advantages of rolling over a previous employer’s retirement plan to a Rollover IRA.

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Disclosures:

*  The information on this page is for informational purposes only and does not constitute, and should not be construed as, professional, legal or tax advice. To determine your individual tax situation and specific needs, please consult a professional tax advisor.

* Information contained in these sections merely highlight some benefits. There are risks involved with all investments that could include tax penalties and risk/loss of principal.