IRA / 401K Rollover
At Fintech, we understand that managing multiple retirement accounts can be overwhelming - especially when changing jobs or transitioning into retirement. Our IRA / 401(k) Rollover Services make it easy to consolidate your retirement savings, protect your investments, and ensure your money continues to grow efficiently without unnecessary taxes or penalties.
An IRA (Individual Retirement Account) or 401(k) Rollover is the process of transferring your existing retirement savings, from a former employer’s plan or another account into a new IRA or qualified plan without incurring taxes or penalties.
With Fintech, you gain clarity, control, and confidence over your retirement funds - all under one simplified plan.
Why a Rollover Makes Sense
If you’ve switched jobs over the years, you might have multiple 401(k) or employer-sponsored plans. Leaving them unmanaged can lead to inefficiencies, hidden fees, and missed growth opportunities. A rollover can help you:
- Consolidate multiple accounts into one simplified IRA.
- Avoid taxes and early withdrawal penalties.
- Gain better investment options beyond limited employer plans.
- Reduce administrative fees and optimize fund performance.
- Maintain full control of your retirement assets.
Fintech ensures that your rollover is done strategically and smoothly, minimizing risk and maximizing growth.
Why Choose Fintech for IRA / 401(k) Rollovers
With Fintech, your retirement savings are not just transferred - they’re optimized for lasting growth.
- Trusted Financial Advisors: Years of experience in retirement and investment management.
- Personalized Guidance: One-on-one consultation and tailored rollover strategies.
- Tax-Efficient Transfers: We ensure compliance with IRS rules and avoid unnecessary tax penalties.
- Transparent Process: Clear communication, no hidden charges.
- Comprehensive Planning: Integration with your overall retirement and income plans.
Some Questions Answered
What is the difference between a direct and an indirect rollover?
A direct rollover transfers funds directly from one retirement account to another without you handling the money - avoiding tax withholding. An indirect rollover gives you the funds temporarily, and you must deposit them into a new IRA within 60 days to avoid penalties.
Will I pay taxes on my rollover?
Not if done correctly. Fintech ensures your rollover follows IRS guidelines, so your transfer remains tax-deferred (for Traditional accounts) or tax-free (for Roth accounts).
Can I roll over a 401(k) from multiple employers into one IRA?
Yes. You can consolidate multiple 401(k) accounts into a single IRA, simplifying management and reducing costs.
How long does the rollover process take?
Typically, it takes 1 to 3 weeks, depending on your previous plan provider. Fintech manages the process end-to-end to minimize delays.
What are the benefits of rolling over to an IRA?
IRAs often offer broader investment options, lower fees, and more flexibility than most employer 401(k) plans.
What happens if I take a cash distribution instead of rolling over?
If you withdraw funds instead of rolling them over, you’ll face income taxes and a 10% early withdrawal penalty (if under age 59½).
Can I still contribute to my new IRA after a rollover?
Yes, you can continue making annual contributions within IRS limits after your rollover is complete.
How can Fintech help me manage my new IRA?
Fintech provides ongoing investment management, performance monitoring, and rebalancing to ensure your IRA aligns with your retirement goals.