Rollover IRA
Simplify Your Retirement Savings with a Rollover IRA
Rolling over your 401(k) into a Rollover IRA can help you keep your retirement savings tax-deferred while bringing everything together in one easy-to-manage account. After reviewing your options, a Sandia Area Rollover IRA could be the right next step for your financial future.¹
What are the features of a Rollover IRA?
- Bring together retirement savings from multiple 401(k) or 403(b) plans you've left with former employers—even transfer an existing Rollover IRA into your new Sandia Area Rollover IRA.
- Maintain the tax-deferred status of your retirement investments while simplifying your portfolio.
- Access a wide range of investment options, including many that may align with or mirror your current portfolio selections.
1. You have choices for what to do with your employer sponsored retirement plan. Depending on your financial circumstances, needs and goals, you may choose to roll over to an IRA or convert to a Roth, roll over to an employer sponsored plan from a prior employer to an employer sponsored plan at your new employer, take a distribution or leave the account where it is. Each choice may offer different investment options and services, fees and expenses, withdrawal options, required minimum distributions, tax treatment and provide different protection from creditors and legal judgments. These are complex choices and should be considered with care. Talk with a Member Services Officer for additional information about your choices.