Retirement Planning/403b rollover

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Question
Hi David,
I have a 403b account as well as a 401k. I am not contributing to either one.  I am no longer eligible to participate in the 403b as I am now a per diem employee.  I no longer work for the company with the 401k.  Can I rollover both into a traditional IRA?

Answer
Hi Jennifer,
You can definitely rollover the 401k and you should be able to rollover the 403b. Check with the plan administrator about that. Some 403b plans I've seen make you leave the funds in for a certain amount of time but most don't. I hope this helps!

Dave

Retirement Planning

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David M Iannopollo

Expertise

I am a professional financial advisor who can assist you with answers on mutual funds, annuities, IRA's, rollovers, qualified and non-qualified retirement plans, retirement planning, educational planning, life, disability and LTC insurances.

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I have over 20 years experience in the business and financial world.

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