If you roll your 401 (k) into an IRA, you must have that account ready to receive the funds. Find a broker you like and follow their steps to open the account. If you are rolling over into a more ...
Taxes are a valid concern if you want to roll over $720,000 from your retirement fund into a Roth IRA. While you won’t pay any taxes if the assets you’re rolling over are held in another Roth account, ...