401(k) Rollover

Life changes, and your retirement plan should keep up. Whether you are changing jobs or moving forward in your career, we are here to help you roll over your 401(k) with guidance, care, and long-term support.

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Simplify Your Retirement Strategy

Whether you’re changing jobs or consolidating accounts, we make rolling over your 401(k) smooth, secure, and stress-free—so you stay in control of your financial future.

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Personalized Rollover Guidance

Our team walks you through your options step by step, helping you choose the right fit for your goals and lifestyle.

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All-in-One Convenience

Keep your accounts in one place and enjoy the ease of managing your retirement savings alongside your everyday banking.

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Trusted, Ongoing Support

With experience, knowledge, and care, we’re here for every stage of your retirement journey—not just the rollover.

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Flexible Retirement Options

We support rollovers from 401(k)s, 403(b)s, SIMPLE IRAs, SEP IRAs, and more.

Advantages of Rolling Your 401(k) into an IRA

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More Investment Options

IRAs offer access to a wider range of funds, individual stocks, and exchange-traded products—far beyond the limited selections in most 401(k) plans.

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Flexible Withdrawals

Unlike many 401(k)s, IRAs allow you to take distributions on demand or set up automatic monthly payments to fit your income needs.

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Choice in Management

With an IRA, you can choose the advisor or firm that manages your account, giving you more control over your financial strategy.

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Simplified Account Management

Consolidating your retirement accounts into a single IRA makes it easier to track your investments and simplifies estate planning for your loved ones.

Make the Most of Your Rollover

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Retirement Planning

Rolling over your 401(k) is just one step in a broader retirement strategy. We’ll help you build a plan that aligns your savings with your lifestyle and goals.

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Investment Management

Once your funds are rolled over, we’ll help you invest them wisely—balancing risk and return to support long-term retirement income.

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Financial Planning

A rollover can open the door to a more personalized financial strategy. Our team can help you understand how this move fits into your bigger financial picture.

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Fiduciary Services

If your rollover is part of a trust or estate plan, our experienced fiduciary team can help manage those assets with professionalism and care.

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Frequently Asked Questions

What’s the difference between a direct rollover and a 60-day rollover?

A direct rollover moves your retirement funds directly from your former plan to an IRA—no taxes withheld and no penalties. A 60-day rollover involves receiving the funds yourself, then redepositing them into an IRA within 60 days. If you choose this route, your former plan is required to withhold 20% for federal taxes. You must replace that 20% from your own funds to avoid taxation on the full amount.

What are the tax consequences of a rollover?

A direct rollover is reported to the IRS but not taxed. You’ll receive a 1099-R form from your former retirement plan provider. If the distribution code in box 7 is “G,” it confirms the rollover was direct and tax-free.

What are my options when I leave an employer-sponsored 401(k) or other retirement plan?

You typically have several options: Leave the funds in your former employer’s plan (if the balance meets minimum requirements), Take a full or partial distribution (subject to mandatory 20% federal tax withholding), Roll the funds into your new employer’s plan (if it accepts rollovers), Roll the funds into an IRA, Roth IRA, or a combination of both.

Do I have to leave my employer to initiate a rollover?

In most cases, yes. However, there are exceptions—such as reaching age 59½ or becoming disabled—that may allow for an in-service rollover. Our Wealth Management team can review your specific plan and help determine your eligibility.

What types of retirement plans can be rolled into an IRA?

In addition to 401(k)s, eligible plans include 403(b) plans, 457 deferred compensation plans, and certain pension plans.
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