The tax consequences of 401(k) rollovers depend on the option you pick Fact checked by Skylar Clarine Reviewed by Marguerita Cheng Employees who participate in their company 401(k) plans have a ...

Early withdrawals are generally subject to a 10% penalty, in addition to normal income taxes. But there are lots of exceptions—including some new ones. Here's the latest.

to an IRA or another 401(k) plan to keep your tax-deferred savings growing. Be wary of indirect rollovers, as there can be tax consequences for not following IRS regulations. Circumstances such as ...

Your Roth 401(k) Rollover Options Your choices for ... Be sure to fully investigate the tax and other implications before you decide how to handle these funds after you leave the company whose ...

you can successfully complete a Roth IRA conversion without any tax implications. This is one of the benefits of reverse rollovers. Consolidating retirement accounts: If you have many IRAs ...

The first is called a direct rollover. You provide your 401(k) provider with details about ... all of these rules and consider the tax implications before you make a withdrawal.

Rolling over savings in a 401(k) into a pension has both advantages and disadvantages which you must understand before ...

Roth IRA rollovers and conversions can occur without tax consequences if properly managed. Direct rollovers from traditional 401(k)s to Roth IRAs are now permitted, simplifying the process.

Life happens and sometimes we need to dip into our retirement accounts. But is it a good idea and are there tax implications? TheStreet sat down with Lisa Greene-Lewis, CPA and TurboTax expert ...

For example, both Maryland and Rhode Island only apply their state income tax exclusion to 401(k) distributions but not rollover IRA ... But given the consequences, don’t just stand there.