Timothy Sumer

Here we go over what a Rollover IRA is as it can be very confusing as there are a lot of financial terms out there and they can get confusing. Essentially, a Rollover IRA is an account that allows for the transfer of assets from an old employer-sponsored retirement account to a traditional IRA. The purpose of a rollover IRA is to maintain the tax-deferred status of those assets. The main time this can happen is when you leave a job and move to a new one. The funds that you left behind in a #401k or a #403b can be ROLLED OVER into an #IRA. This is a Single Topic video that is designed to help you get understanding of one portion of the full presentation I give on Understanding IRA's which is almost 15 minutes long. If you want to learn more, you can reach out to me or schedule time with me directly. Here is the link to my scheduling calendar: I look forward to chatting with you at a time convenient to you. In the full video on Understanding IRAs you will get ...

What are rollover IRA accounts – what is a roll over IRA plan? 1-800-566-1002. Learn the best ways to conduct a rollover ira and how you can avoid the most common mistakes that individuals have made when trying roll over their monies into ira retirement accounts. What is a Rollover IRA? Some Facts You Ought to Know Wondering how to roll over your retirement plan into an IRA? Whether you're leaving your job or looking for ways to maximize returns on your investments, it's important to choose a good company and plan before making the conversion. The official rollover IRA definition is that it's a tax free reinvestment of a distribution from a qualified retirement plan to an IRA, usually within a time frame of 60 days. If you have already decided to rollover your IRA, your best bet is to roll over into a self-directed Roth IRA instead of a traditional IRA. Self-directed IRAs are much more flexible and give you many more options for investment, such as real e...

If you have money in a 401(k) from a past employer, you’re probably wondering what you should do with it. You have four choices: Keep it in your previous employer’s plan, roll it over to your current employer’s plan, roll it over into an IRA, or cash it out. While your final decision should be based on your own unique circumstances, there are three key considerations to keep in mind when determining which choice is right for you: • Fees • Access to your money • Investment choices We’ll break down each key consideration so you can determine which choice is best for you. Check out this article for more information about rollovers: Subscribe: We post educational videos that bring investing and finance topics back down to earth weekly. Have a question or topic suggestion? Let us know. Connect with TD Ameritrade: Facebook: Twitter: Sign Up with TD Ameritrade: ... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRA...