"Maximizing Your Retirement Savings: Rolling Over Your 401(k) into an IRA"

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Source: Los Angeles Times
"Maximizing Your Retirement Savings: Rolling Over Your 401(k) into an IRA"
Photo: Los Angeles Times
TL;DR

When rolling over a 401(k) into an IRA, it's important to understand the tax implications and opt for a direct rollover to avoid taxes. Paying online fees, particularly for insurance bills, can be frustrating, but setting up automatic payments or using online bill pay through your bank may offer alternatives. Additionally, establishing accounts with the IRS and state tax authority can simplify tax payments and provide access to payment history and other important information.

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