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Consolidating to a 401(k) planQuestion Can retirement plans be rolled over to a 401 (k)?
Answer Yes. Those who have other types of retirement plans can consolidate assets into a 401(k) by means of a rollover to the plan.
Caution: Before terminating any other plans and rolling over assets to the 401(k), discuss the situation with a knowledgeable benefits professional.
Brain Trust contributor:
Author of J.K. Lasser's Small Business Taxes 2007
Related Categories: Accounting, Finance, Taxes, Financial Planning, Legal, Retirement And Exit Strategies
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