Step-by-Step Guide to Converting Your 401k into an IRA
Deciding to convert 401k to IRA can be significant for your retirement planning, offering more control and potentially better investment choices. SoFi says, “A rollover IRA is an individual retirement account (IRA) that you create when you want to move your money from a tax-qualified retirement account—like an employer-sponsored 401(k) or 403(b)—into an IRA account.” This…