Make sure your funds are being invested properly. For this reason, a gold IRA rollover is a great way to diversify your retirement portfolio by purchasing some precious metals. In a direct rollover, the plan administrator of your 401 (k) wires the funds to the trustee of your IRA. Most plans we see are Traditional 401k plans, which means you can roll over into a Traditional IRA to avoid taxes. Currently, unlike with 401(k)s. 5. Rolling your money over into an IRA can reduce the management and. These instructions only apply if you’d like to transfer funds into an existing Betterment 401 (k) plan through your employer. The age for penalty-free withdrawals from a. A direct rollover means transferring funds directly from your 401 (k) to gold IRA account without withdrawing them. However, you’ll have to meet the minimum deposit requirements. Take care to avoid tax liabilities. An in-service rollover to an IRA is a retirement. Leaving your 401k with your former employer may be the best choice if you’re happy with the investment options and fees offered by the plan. Scroll to Retirement Plans and Social Security; Select the type of income. Taxable distributions you receive from a 401 (k) plan before age 59½ are normally subject to a 10% early distribution penalty, but a special rule lets you avoid the tax if you receive your distribution as a result of leaving your job during or after the year you turn age 55. 401k Rollover Information. 35% annual fee. Taking a lump sum payout may seem enticing, but most financial advisors would caution against it. Step 1: Check your account value. **Say "Thanks" by clicking the thumb icon in a postAlong with helping active employees to save for retirement, 401 (k) plans can be an important source of income for retirees who have stopped working—if employees don't roll over their assets. You can invest in broad market indexes so you are not dependent on Company B for both your income and retirement. This is the recommended method for conducting a. I know I will need to complete a Form 8606 to report this conversion, but the form requires a "total basis". An indirect rollover means you actually withdraw funds from your 401 (k). Roth IRA contributions are made. These include not being. However, if you’re at least 50. Yes, you can roll over a 401(k) into an IRA without a penalty; however, you must complete the rollover within 60 days of withdrawing your 401(k) balance, otherwise, you will be charged a 10% early. As a result, it would be subject to a 10% penalty if you are under 59 ½. There are several reasons for rolling over your 401(k) after leaving an old job—for example:. The tax implications surrounding whether to roll a 401 (k) distribution into an. If your employer’s 401(k) plan allows you to roll IRA money into it, you can move. • Rule of 55. Our Dallas and Fort Worth 401k rollover experts can help. Option #1: Leave it in your former employer’s 401 (k) plan, if allowed by the plan. The 401(k) rollover time limit is 60 days. Potential downsides include higher IRA fees, no loan options, no early withdrawals at 55, and possible delay in resuming 401 (k) contributions. Call American Hartford Gold and speak to your specialist. • Retirement account protection. Alternatively, you may choose to. Providing you are not retiring and are continuing to work, you can continue investing pre-tax funds into your 401 (k) and allowing the principle to grow tax-free, just as you did up until that point. 9 employers over the course of his or her career, according to the Employee Benefit Research Institute. In the case that your employer isn’t taking care of your 401(k) plan in the way you want them to, you should consider a rollover to an IRA. These include not being. Moving it to a new 401k account. Contact. Step 2: Decide where you want the money to go. If you have a Roth 401(k) or 403(b), you can roll over your money into a Roth IRA, tax-free. 4. 1050 Crown Pointe Parkway Atlanta, GA 30338. Colorado Public Employees’ Retirement Association PO Box 5800, Denver, CO 80217-5800 800-759-PERA (7372) • copera. More than $600 billion was rolled over from 401(k)s to IRAS in 2020, according to the Secure Retirement Institute, and the SRI estimates that within five years the annual rollover amount will. A 403(b) is a retirement savings plan for employees of nonprofits, like universities. For example, if you have less than $5,000 in your 401(k), your employer can require you to. Gold 401k: Converting Your 401K into a Gold-Backed IRA. You’ll want to ask for a direct rollover, and your administrator might. People rolling over a 401(k) won’t mind the small transaction fee. If you decide to roll over your 401(k) into an IRA, you've essentially have 60 days to do so penalty- and tax-free. Even the biggest blue chips can fall over a lifetime -. Rollovers of the entire balance are most common, although you may roll over a partial amount. Before December 2015, a SIMPLE IRA plan could only receive a rollover from another SIMPLE IRA. At 11:15 a. In the grand majority of cases, you'll need to have. Here's how to decide what to do with your 401 (k) when you retire: You can start 401 (k) distributions without penalty after age 59 1/2. Preventing your immediate eviction from or foreclosure of your primary residence. If you are rolling over funds to an existing 401k, the check is made payable to “Fidelity Investments Institutional Operations Company,” or simply FIIOC, with the same FBO and then your name. Sep 29, 2023. 10% on a small amount is very small. If you have less than $5,000 in the old plan, the employer will cut you a check, and you will have no other option but to roll over to a new 401k or an IRA. A rollover involves transferring the assets from your 401 (k) to a Roth or Traditional IRA. The problem with an indirect rollover is that if you don't complete it within 60 days, the money you've cashed out of your 401 (k) will be treated as a withdrawal. 1. Key Takeaways. Tax rules on withdrawals. . Roll over the account into your new. Depending on what your investment objectives are, I consider Goldco, Augusta Precious Metals and Birch Gold as three of the best choices you have out there. . 5 years of age you can roll over funds from a 401k to a rollover IRA if your employer’s 401k plan allows “in-service distributions. ). Lump-sum distribution after taxes and penalties: $ 1,015,094. Lizzie Kaboski. Pay attention to what type of rollover your old provider offers. The rollover. Gallery: 10 Moves To Juice Your 401 (k) Perhaps the most egregious of the abuses occur when participants are lured from their 401 (k)s into high cost funds or annuities, proprietary products, or. There are four main possibilities when considering a potential 401 (k) rollover: Leave your old 401 (k) account as is. Your Roth IRA now has $150,000 in it. 2. Whether you should pursue a rollover strategy outside your new employer’s 401(k). Keep it where it is. Also keep in mind not all employer plans allow in-service rollovers (as in rolling funds OUT of a 401k). Contact Your Current Plan Administrator and New. In that case, you can open both a. Transferring it to the new employer's 401k plan if one exists. Usually after you leave a company, your old 401 (k) sponsor will send you a letter giving you three options: Leave the plan with the sponsor. Investors can roll over a 401(k), 403(b), or 457 plan to a Wealthfront traditional or Roth IRA. Rollover IRA: A special type of traditional individual retirement account into which employees can transfer assets from their former employer’s retirement plan when they change jobs or retire. A 401 (k) rollover is when you move money from your former employer-sponsored retirement plan into another employer-sponsored retirement plan or an individual retirement account (IRA). Rowe Price and request a rollover of your old 401 (k) plan. The first option is to take no action at all. First, unlimited mutual funds, stocks and bonds. If you hold onto 401(k) or IRA funds past 60 days, you will be subject to taxes and a 10% penalty if you are under the age of 59 1/2. Remember the 10% penalty tax. Resources Alight* Employees May Enjoy. Same with a down market. If you leave your job at age 55 or older, you can start. And while you will not incur any 401k rollover fees, you will suffer other setbacks. For Roth 401(k) rollover amounts: complete the Contribution + Earnings = Total amount sections. You're not satisfied with your 401 (k) investment options. Rollover from a 401(k) to an IRA: You have two options when you roll over funds from a 401(k) to an IRA: Direct rollover: The funds are transferred directly from the 401(k) administrator to the. So, when you roll over a traditional 401 (k) to a Roth IRA, you’ll owe income taxes on that money in the year when you make the switch. Make sure that the funds have been deposited into your 401(k) plan. 401(k) To Roth 401(k) Some employers offer both types of 401(k) accounts — check your employer’s plan to see if it’s possible. ) $ After-Tax Earnings Earnings from an after-tax source are considered a pre-tax rollover. The old plan administrator should issue you a Form 1099-R. 1050 Crown Pointe Parkway Atlanta, GA 30338. There are a variety of options to consider when rolling over your 401(k) account into an IRA. Unless you’ve made the decision to roll over your 401(k) to a Roth IRA or to cash out your 401(k), the rollover amount should be reported as tax-free (or non. Here, we'll discuss four reasons you might want to roll over your 401 (k) today. Additionally, your previous employer can require you to withdraw your funds once you reach the plan’s retirement age. Birch Gold Group: Great selection of precious metals. Get your employees on the right path to retirement with helpful tools and resources, including: 1. Milan Djuric was driving east on the highway when a pickup truck entered his lane. For 2020, you can kick in up to $6,000. Crown Financial Group, Inc. 2. The 4-Step 401k to Gold IRA Rollover Guide. If you want the option of rolling eligible assets from your IRA into another employer-sponsored retirement plan in the future. Most funds moved from a 401(k) are pre-tax, I know your title says Roth 401(k) rollover, but any pre-tax funds moved directly into the Roth IRA become subject to income tax as a Roth conversion. 5 years of age is also a viable option. The five options are: Keeping it in the same account. more About UsA “rollover” is a term for transferring tax-deferred retirement savings (such as money held in a 401k or Pension Plan) from one account to another. Note though that retirement accounts are always individually-held, so if you split-up at some point, that partner takes those funds with them unless some judge says otherwise. For example, if you do a 60-day rollover of $10,000 then $2,000 would get withheld. 3. Keeping your savings in just. That amount will increase to $10,000 starting in 2025 for those. 00. ”. Rolling your money over into an IRA can reduce the management and. It's not very likely that someone has enough income to be above the Roth IRA limits without having access to a 401k. [1] Periodic employee contributions come directly out of their paychecks, and may be matched by the employer. You can also have your financial institution or plan directly transfer the payment to another plan or IRA. Early withdrawals from either type of tax-deferred retirement account are subject to a 10% penalty, in addition to being taxed at regular income tax rates. Gold has long been considered a valuable and stable investment option, particularly in uncertain economic times. 8/5) Goldco: Great Buyback Program. • 2 mo. This is because contributions to a 401k are made with pre-tax dollars, while contributions to a Roth IRA are made with after-tax dollars. One key difference is that you can begin withdrawals from a 401 (k) at age 55 without penalty. Direct rollover. Best 401(k) rollover options; Get guidance. Consider rolling it over into the plan of your new employer or into an IRA. A rollover IRA is an account used to move money from old employer-sponsored retirement plans such as 401 (k)s into an IRA. e. 5. Our Commitment: To provide a caring and enriching atmosphere that meets & exceeds the expectations of our residents while extending compassion, sincerity, and. Forgot your account number or user ID? My Account, Plan Participation, Investment Funds, Planning and Tools, Life Events and. Learn how to preserve your tax benefits and avoid any penalties. Roth 401 (k) to Roth IRA transfer. For many employees, what to do with a 401 (k) plan at retirement has been a foregone conclusion: Roll it over. If you opt to roll over your money into an IRA, here are the best brokers for a 401(k) rollover. Here’s how to buy gold with 401 (k): 1. If your plan permits you to roll-over all or some of your 401k account into an annuity, then even though you're not yet age 59-1/2, the roll-over would be tax free. 4 Overlook Point Lincolnshire, IL 60069 (224) 737-7000. Many employers will give you an option to rollover both or one or the other. A 401k is a retirement savings plan that most employers offer. 2 million accounts holding a total of $1. TSP Account Number. Wealthfront also offers tax loss harvesting, auto rebalancing, and smart beta technology. The Internal Revenue Service offers more information on tax scenarios as well as a rollover chart. Otherwise, they might automatically distribute the funds to you directly (if $1,000 or less) or roll over the money into an IRA (if between $1,001 and $5,000). This is because contributions to a 401k are made with pre-tax dollars, while contributions to a Roth IRA are made with after-tax dollars. By making an IRA contribution to a Rollover IRA you may be commingling qualified plan assets (i. October 23, 2023. MissionSquare manages and administers 457, 403 and 401 retirement plans exclusively for the benefit of public sector employers and employees. Maybe I can point out where you can optimize as well, especially if you’re still trying to achieve financial independence. This will give your new 401k a boost and greater potential for growth. If you don't deposit those funds in time, the money you've received from your old. Open a. If you have between $1,000 and $5,000, your employer is allowed to move it into an IRA for you. There are no laws regarding this, it depends on how your 401k was set up, and your plan administrator is the only person who can answer this question. 3 Must include in income. Here are some of the most compelling reasons to choose a 401 rollover. Such a rollover is disregarded in applying the one-rollover-per-year limitation. Secure your current financial assets from the unpredictability of the stock market with a silver and gold Individual retirement account for Crownpoint NM. Here’s what to consider before completing a 401 (k) rollover. There are two key points here. 65 trillion in assets. 401k: Withdrawing funds from your 401k before age 59½ will incur a 10% early withdrawal penalty and taxes. New job has a shitty 401 (k), it will be a stopgap to another job: roll over old 401 (k) to a Rollover IRA, when you get to the future. A reverse rollover involves moving money from an individual retirement account (IRA) into a 401(k) or other employer-sponsored retirement saving plan. Both plans have. Pros: You don’t have to do anything right away. You can. com The biggest advantage of doing a rollover is the simplicity of management afforded by keeping all the funds in one place. 65%. 2. Choose a trustworthy self directed custodian. By doing this, the individual can consolidate their retirement. Roll Over Your Existing 401(k) to a new 401(k) A 401(k)-to-401(k) rollover is a possibility if your new employer also offers a 401(k) plan and the new plan accepts roll-ins. 4 Must have separate accounts. This is where borrowing money from your retirement plan during the 60-day window tax- and. Reason #1: Investing in gold can provide a hedge against inflation and economic uncertainty. An in-service 401 (k) rollover is the transfer of the assets in your existing 401 (k) plan to an IRA, while you are still at your current job. You then have 60 days to deposit the money. Reasons to rollover a 401k. Even the biggest blue chips can fall over a lifetime -. Rolling over your 401 (k) funds to a Gold IRA is a relatively straightforward process. The IRS lets you move your retirement savings from one employer-sponsored account to another, or to your individual retirement account (IRA). Oxford Gold: Best buy-back program. Traditional 401(k) vs. Initiating the transfer of funds from your 401(k) to a gold IRA401k Rollover to IRA. 401k Rollover Rules. Step 1: Set up your new account. Step 1: Decide Which 401k Rollover Option Is Best for You. Changing or leaving a job can be an emotional time. Arlington Heights Road Suite 201 . Depending on your circumstances, if you roll over your money from your old 401 (k) to a new one, you'll be able to keep your retirement savings all in one place. Beware 401 (k) balance minimums. gold crown management 401k. Decide whether you want to roll it over to an IRA (a common option); transfer the funds to another employer’s 401 (k); or set up an account like a self-directed IRA. Another option is to rollover your traditional 401(k) to a Roth IRA. The simplest way to roll your 401 (k) balance into an IRA is by having your 401 (k) administrator make a payment directly to your IRA. Best 401(k) rollover options; Get guidance. Follow These 3 Easy Steps. An IRA is a valuable retirement plan created by the U. You can leave your 401 (k) where it is, which might make sense if it’s in an excellent, low-cost. Completing a 401 (k) rollover to a new 401 (k) plan is very simple. Most pre-retirement payments you receive from a retirement plan or IRA can be “rolled over” by depositing the payment in another retirement plan or IRA within 60 days. Start completing the fillable fields and carefully type in required information. The catch-up annual contribution limit for a 401(k) plan is $30,000. If you take a distribution from your 401(k), you must complete the rollover to another eligible retirement account within 60 days to avoid taxation and potential penalties. Aim for low costs. This date allows ADP to track your contribution forKeeping multiple 401 (k) plans in too many locations can make it easy to forget about one – and it makes it harder to see whether you’re on the right track toward accomplishing your retirement goals. You have four options: Option 1: Cash out your 401 (k). Use the Cross or Check marks in the top toolbar to select your answers in the list boxes. See full list on bankrate. C. We would like to show you a description here but the site won’t allow us. workers have left behind 29. This means that the funds from your 401 (k) will be transferred directly to your new Gold IRA. Option #3: Roll the account over to an Individual Retirement Account (IRA). Consider doing nothing. Scroll to Retirement Plans and Social Security; Select the type of income. 0 Act of 2022 was signed into law on December 29, 2022 and builds upon retirement legislation enacted at the end of 2019. A 401k rollover is a process of transferring your retirement savings from one qualified plan to another without incurring any tax penalties. Rollover and convert to a Roth IRA. In general, I would rollover a Traditional 401k to a Traditional IRA and a Roth 401k to a Roth IRA. Using a direct rollover, $55,000. Option 4: Roll over the funds into an IRA. 8 million Americans with. CROWN POINT — A semi rollover caused road closures and traffic backup in the north and south lanes of Interstate 65 Wednesday afternoon, Indiana State Police said. The 401k rollover will be reported as a traditional 401k -> traditional IRA non-taxable rollover. But they won't take effect until 2026. Steps to Roll Over Your 401 (k) Here are the basic steps, with more detail to follow: 1. Nope. But 401k. Answer: For many savers rolling over your 401 (k) into your new employer’s retirement plan or an individual retirement account (a. Hardest part is finding the right forms and where to. It is a very fair assumption that if you have to backdoor Roth IRA that you have a 401k available. J. more Excess Accumulation Policy: Meaning, TypesIf the amount in the old 401 (k) is small enough, and your current earned income is small enough, immediately roll over to an IRA with Schwab, Fidelity, or Vanguard and do a Roth Conversion on the entire amount. Here's a complete overview of your 401(k) rollover options. This process can be slightly trickier than rolling over your 401(k) to an IRA. 09/07/2023 at 6:08 am. See if a 401(k) to Roth IRA rollover is the right retirement plan for you. In this case, you have 60 days to deposit the funds in a qualified account to. Simpler navigation, more information. 1. There are no laws regarding this, it depends on how your 401k was set up, and your plan administrator is the only person who can answer this question. However, the amount you convert will be. It wouldn't hurt to include a note with all the account info, but don't skip the writing on the check itself part. Create an IRA with TD Ameritrade, fill out their form for the 401k rollover, and it'll be done in a few days. This is because they also offer SEP IRAs and HSAs, which are accounts not offered by many other brokers. If you have a 401k plan that offers both a Trad-401k and a Roth-401k as it sounds like you do, if you roll everything over, typically the Trad-401k will roll over into a Trad IRA and the Roth 401k will roll over into a Roth IRA. Minimum initial deposit: None. Retirement calculator; 401(k) calculator; Roth IRA calculator;. Book a FREE consultation. It offers both. If your plan permits you to roll-over all or some of your 401k account into an annuity, then even though you're not yet age 59-1/2, the roll-over would be tax free. In this comprehensive guide,. The Internal Revenue Service (IRS) does allow rollovers of 401 (k)s to these, but there may be waiting periods and other conditions. Find out more about the process involved in rolling over an old 401(k) to a new IRA. Rollover: A rollover occurs when reinvesting funds from a mature security into a new issue of the same or a similar security; transferring the holdings of one retirement plan to another without. An IRA gives you a ton of investment options. When you switch jobs or retire, you may have the option to roll over your 401k plan into an Individual Retirement Account (IRA) or a new employer's 401k plan. Once you set up your account, you can roll over the funds from your 401(k) in one of two ways: a direct or an indirect rollover. For CUNA Mutual Group employees wanting to roll over their 401(k) and avoid a taxable event, this option makes sense. Investors can roll over a 401(k), 403(b), or 457 plan to a Wealthfront traditional or Roth IRA. com and discover how good it feels to flex. The company has a set procedure to follow for rollovers. About 50 percent of employees save less than $5,000 per year for their retirement. The IRA annual contribution limit is $6,500. A Retirement Services application that helps you plan for what's ahead, choose how to get there, and move in the right direction. an IRA) makes a lot of sense. Driven by increased job-switching amid the "Great Resignation," the number of forgotten 401(k). You may need to set up an IRA first and arrange for your company to transfer funds, or you may receive a check you. Request funds from your previous 401 (k) plan administrator. Unless you absolutely, positively need to cash out now, it’s best to roll your 401 (k) into another tax-advantaged account, such as your new employer’s 401 (k) or an IRA. That match may offer a 100% return on your money, depending on the 401(k). Publication 590-A speaks to transferring an IRA after a divorce. American Hartford Gold: Editor’s Choice – Best Price for Bullion (4. Choose a self-directed custodian. org 8/3-refund (REV 7-23) Member SSN 3 This form is only to REFUND your PERA Defined Benefit (DB) Plan account(s). Nothing in the IRA is considered to be. 401(k) vesting schedules. Folks who are 50 or older can contribute an additional $1,000. The 60-day rollover rule is one of the many traps that lie in wait for investors rolling over a retirement account such as a 401 (k) or IRA. After opening an IRA with a bank or brokerage firm, you’ll use a direct rollover or 60-day rollover to move the money from your 401(k) into the IRA. For Kroger employees, If you have left the company and your account balance is less than $5,000, your former employer may require you to transfer it. When you switch jobs or retire, you may have the option to roll over your 401k plan into an Individual Retirement Account (IRA) or a new employer's 401k plan. To roll over a 401 k into a gold IRA account, the average cost is 50 USD. But with a 401 (k), you are forced to invest in whatever your 401 (k) plan offers. You are not contributing at least 5%. Beware 401 (k) balance minimums. 5. “In other words, that extra percentage point. Contact Your New Retirement Account Provider: Reach out to your chosen retirement account provider and inform them about your intention to rollover your 401k from Empower Retirement. A study found that as of May of 2021, a whopping $1. The average 401(k) participant has 9. A new 401 (k) plan may offer benefits similar to those in your former employer's plan. There are two ways to roll over your 401(k): direct and indirect. Dont Miss: Can I Use 401k Money To Start A Business. For higher-income workers aged 50 and over who want to make extra "catch-up" contributions to employer-sponsored retirement plans, the rules have changed. A car is damaged after a rollover crash that unfolded Tuesday afternoon at U. Crown Point Fire Rescue. 3. 401k to Gold IRA Rollover. 401(k) Rollover Specialist ((k)RS™) Credential; Certified Plan Fiduciary Advisor (CPFA®) Credential;The DOL’s proposed rules would put advice regarding IRA rollovers under the scope of fiduciary investment advice. If you are a person with a disability and need additional support in viewing the material, please call us at 1-800-343-1113 for. Keep in mind that 401(k) rollovers can push you up a tax bracket – but in most cases, the long-term benefits of the move far outweigh the temporary drawback of a one-time tax increase. IRA Rollover Rules. Find a Reputable gold IRA Company. Other benefits include incentives, cash. As the Precious Metal IRA Specialists, Birch Gold Group’s qualified IRA department can help you every step of the way in transferring your 401k to a gold IRA, including taking care of all the paperwork. User ID. Roll over the account into an IRA. You can transfer part or all of your 401K funds into the precious metals IRA. Crown Equipment Corporation's 401k plan is with Merrill Lynch with a total asset size of $811,842,713 as of 2019. If your balance in your former employer's 401 (k) plan is over $5,000, you have a full gamut of options: You can leave the money behind in the old plan, assuming. Choose Between a Roth and a Traditional IRA You can roll your 401 (k) into either a Roth or a traditional individual retirement account (IRA). Employee Login Administrator Login. Lastly, some plans actually allow you contribute both Roth and Traditional funds. In 2023, employees can contribute up to $22,500 to their 401 (k. If you miss the 60-day window, the distribution amount becomes taxable income, and if you're under age 59½, you'll also pay a 10% IRS penalty. Medical or funeral expenses for you or your family. P. Consider your 401(k) rollover options. Once you reach 59. Once you’ve made a choice about which account will receive the funds, make sure it’s activated and that you have the account type and account number available. Option #2: Move it to your new employer’s 401 (k) plan, if you’ve changed employers and your new employer plan allows for it. Individuals can contribute up to $6,500 to an account in 2023, and workers. Anna Ortiz. The main issue with 401k is the options available vary and depend on your current employers plan. We’ll walk you through the pros and cons of each one: IRA Rollover: An Individual Retirement Arrangement (IRA) rollover is a transfer of funds from a retirement account into a traditional IRA or a Roth IRA. January 23, 2021 1:50 PM. Rollover from a 401(k) to an IRA: You have two options when you roll over funds from a 401(k) to an IRA: Direct rollover: The funds are transferred directly from the 401(k) administrator to the. There is no limit on the amount you can convert from a 401k to a Roth IRA. And it's something I highly recommend if you can afford it. The 60-day rollover rule states that indirect rollovers from a qualified retirement plan or IRA to another qualified retirement plan or IRA must happen within a 60-day window starting from the day funds were withdrawn from the source. One of the benefits of a 401k over a pension is spreading out risk. 1. Quick refresher: A 401 (k) is an employer-sponsored, tax-advantaged retirement plan with a 2022 annual contribution limit of $22,500 ($30,000 if you’re over 50). Hardest part is finding the right forms and where to. Penalties for those under age 59½ who withdraw money from. Not everyone will want to roll over their 401k, which is why the first step is looking at your options and determining which one is the best choice for you. In both cases, follow the instructions that the corresponding institutions have for rolling over your 401k plans to the funds provided by them. 5. Exceptional customer support.