401k Rollover Options When You Lose A Job

Posted January 31, 2010 – 1:52 pm in: Personal Finance

A 401k is a form of retirement plan that is offered to employees by an employer. The employee will not pay income tax on the money until it is withdrawn at retirement. A 401K rollover usually occurs when an employee leaves a company and chooses to move the retirement funds to another retirement plan.

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