Timothy Sumer

401k Rollover Options: Rollover to IRA, Roth IRA, New Employer, or Leave It? This video will cover the options available to you with your 401k when you change jobs or retire. We'll walk through each option and give you some pros and cons to consider. You can leave the 401k in your old plan, roll it over to a Traditional IRA, Roth IRA, or to your new employer's 401k. We'll talk about how this strategy might help you if you're looking to do a backdoor Roth conversion. ✍️ HELPFUL LINKS ✍️ ✦Learn more about Wealthfront 👉 ✦Have trouble deciding which IRA is right for you? 👉 🕒 TIMESTAMPS 🕒 00:00 – Intro 00:40 – 5 rollover options 01:58 – #1-Keep the 401k in the old plan 04:37 – #2-Roll over into Traditional IRA 08:00 – #3-Roll over into Roth IRA 09:45 – #4-Roll over into new 401k 11:35 – #5-Cash out your 401k Disclosure The information contained in this communication is provided for general informational pu...