IRA Rollover

Archive for November, 2009

Question: Can I rollover my 401k from one employer to another more than one time in one year (unlike an IRA)?

I rolled over my 401k to my previous employers plan in Jan of this year. I left that company this month and now want to rollover that money again to my new employer. I know that some IRAs have a limit of “one” rollover per year. Does this apply to 401ks as well?

Answer: No, you can take your 401k balance with you to your new job.

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