By Matthew Makowski A rollover IRA is a little different than other types of retirement plans. It operates much in the same way the likes of 401(k) and 403(b) plans do. It is also a tax-advantaged retirement plan. And account holders can invest in many of the standard securities like stocks, bonds, mutual funds and ETFs.
The big difference between a rollover IRA and other retirement plans is how and why it’s established…
If someone has a defined contribution plan set up with their employer and leaves that job – but not to retire – a rollover IRA can come in very handy. This offers …read more
