Can Pension Plans Be Rolled Over?
Comments
One response to “Can Pension Plans Be Rolled Over?”
-
Pension plans are employer sponsored programs. Generally speaking you can only withdraw money from your account (if this is a 401(k) plan) under circumstances approved in the plan document. If you leave employment rolling your plan into another similar plan or an IRA is generally allowed. Some plans encourage you to roll your money out of the current plan.
Leave a Reply
You must be logged in to post a comment.