Rolling over a 401(k), IRA, or other retirement account involves transferring the holdings from one qualified retirement investment to another qualified retirement investment. When done properly, rollovers can be completed without incurring any additional taxes or penalties. Qualified retirement investment accounts include, but are not limited to:

• 401(k) and Roth 401(k)
• IRA and Roth IRA
• 403(b)
• 457

There are a number of situations in which a rollover is suitable. Whether you have suffered the loss of a job or have changed jobs and need to consolidate your retirement investments, your Allen & Company Financial Advisor can help. Your Financial Advisor can inform you about qualified investments and rollover options that will best meet your needs while minimizing or alleviating associated taxes and penalties.