How do I rollover my 401(k) to an IRA?
To rollover your 401(k) to an IRA, you'll need to contact your 401(k) plan administrator and request a direct rollover.
What documents do I need for the rollover?
You'll typically need your 401(k) account information, the IRA account details, and possibly a rollover form from your IRA provider.
Are there any tax implications I should be aware of?
Yes, if done correctly as a direct rollover, there should be no tax implications. However, if you receive a check, you may face withholding taxes.
How long does the rollover process take?
The rollover process can take anywhere from a few days to a few weeks, depending on the institutions involved.
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